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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES, LLC Service code 14 · EIN 04-3532603 | Plan Administrator | $25,625 |
Service code 27 · EIN 82-1492364 | Advisory (Plan) | $7,028 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,035 | $82,979-72.2% | $102,412-77.5% | $77,736-70.4% |
| Participation rate | 46.7% | 71.5%-24.9pp | 74.5%-27.8pp | 70.6%-23.9pp |
| Annual return | 13.50% | 19.11%-5.6pp | 24.94%-11.4pp | 31.26%-17.8pp |
| Employer contribution / active EE | $1,182 | $3,554-66.7% | $3,870-69.5% | $2,728-56.7% |
| Participant deferral / active EE | $2,532 | $4,109-38.4% | $5,060-50.0% | $4,651-45.6% |
| Admin fee / account holder | $213 | $639-66.6% | $8,388-97.5% | $433-50.8% |