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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 04-1590850 | Recordkeeping | $7,899 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $37,645 | $69,383-45.7% | $101,275-62.8% | $73,497-48.8% |
| Participation rate | 9.0% | 68.4%-59.3pp | 75.8%-66.8pp | 70.7%-61.6pp |
| Annual return | 17.64% | 18.46%-0.8pp | 46.48%-28.8pp | 28.51%-10.9pp |
| Employer contribution / active EE | $0 | $2,628-100.0% | $3,660-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $350 | $3,301-89.4% | $4,371-92.0% | $3,740-90.7% |
| Admin fee / account holder | $308 | $704-56.3% | $5,948-94.8% | $513-40.0% |