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| Provider | Service type | Compensation |
|---|---|---|
STRATEGIC FINANCIAL CONCEPTS LLC1+ years Filed as: STRATEGIC FINANCIAL CONCEPTS Service code 70 · EIN 20-8531139 | Consulting Fees | $1,796 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $1,468 |
CHARLES SCHWAB & CO., INC.1+ years Service code 71 · EIN 94-1737782 | Brokerage Fees | $130 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $126,261 | $46,360+172.3% | $147,617-14.5% | $52,331+141.3% |
| Participation rate | 100.0% | 64.9%+35.1pp | 84.6%+15.4pp | 68.1%+31.9pp |
| Annual return | -1.37% | 1.62%-3.0pp | 61.98%-63.4pp | 4.54%-5.9pp |
| Employer contribution / active EE | $6,239 | $2,126+193.4% | $5,564+12.1% | $1,882+231.6% |
| Participant deferral / active EE | $5,220 | $2,258+131.2% | $4,895+6.6% | $3,022+72.7% |
| Admin fee / account holder | $655 | $766-14.4% | $11,612-94.4% | $592+10.8% |