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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL INC. Service code 27 · EIN 36-3194849 | Advisory (Plan) | $22,424 |
Service code 15 · EIN 36-4389114 | Recordkeeping | $19,829 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009 | Custodial (securities); Custodial (ot... | $5,362 |
CHARLES SCHWAB & CO., INC.2 years Service code 18 · EIN 94-3106735 | Custodial (securities); Custodial (ot... | $30 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $81,368 | $71,192+14.3% | $117,857-31.0% | $62,293+30.6% |
| Participation rate | 96.2% | 74.2%+22.0pp | 79.7%+16.5pp | 69.5%+26.7pp |
| Annual return | 17.86% | 18.66%-0.8pp | 335.09%-317.2pp | 28.90%-11.0pp |
| Employer contribution / active EE | $1,353 | $1,934-30.0% | $3,786-64.3% | $2,042-33.7% |
| Participant deferral / active EE | $5,833 | $3,189+82.9% | $4,482+30.2% | $3,169+84.1% |
| Admin fee / account holder | $302 | $587-48.6% | $8,020-96.2% | $479-37.0% |