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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SVS Service code 15 · EIN 82-4555287 | Recordkeeping | $7,249 |
Filed as: RESOURCE BENEFITS ADMINSTRATORS Service code 15 · EIN 74-2533381 | Recordkeeping | $3,750 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,171 | $101,672-92.0% | $147,117-94.4% | $74,478-89.0% |
| Participation rate | 63.7% | 75.5%-11.8pp | 82.2%-18.5pp | 67.2%-3.5pp |
| Annual return | 15.85% | 8757.83%-8742.0pp | 420.54%-404.7pp | 1370.56%-1354.7pp |
| Employer contribution / active EE | $0 | $3,813-100.0% | $4,932-100.0% | $2,626-100.0% |
| Participant deferral / active EE | $2,630 | $7,305-64.0% | $8,065-67.4% | $4,350-39.5% |
| Admin fee / account holder | $48 | $1,753-97.3% | $12,993-99.6% | $1,946-97.5% |