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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $92,848 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $23,534 | $65,820-64.2% | $108,745-78.4% | $57,658-59.2% |
| Participation rate | 89.2% | 72.7%+16.5pp | 77.7%+11.5pp | 70.2%+19.0pp |
| Annual return | 8.30% | 21.32%-13.0pp | 46.22%-37.9pp | 5.13%+3.2pp |
| Employer contribution / active EE | $1,699 | $2,285-25.6% | $3,323-48.9% | $1,974-13.9% |
| Participant deferral / active EE | $2,290 | $3,578-36.0% | $5,121-55.3% | $3,061-25.2% |
| Admin fee / account holder | $77 | $91-15.2% | $6,144-98.7% | $95-18.3% |