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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $375 |
ASCENSUS LLC4+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,977 | $73,102-53.5% | $123,552-72.5% | $56,287-39.6% |
| Participation rate | 79.1% | 74.3%+4.8pp | 82.3%-3.2pp | 69.9%+9.3pp |
| Annual return | -7.24% | 3.01%-10.2pp | 119.20%-126.4pp | -9.96%+2.7pp |
| Employer contribution / active EE | $1,654 | $2,977-44.4% | $4,628-64.3% | $2,111-21.6% |
| Participant deferral / active EE | $3,367 | $5,423-37.9% | $6,426-47.6% | $3,350+0.5% |
| Admin fee / account holder | $446 | $554-19.4% | $9,285-95.2% | $521-14.3% |