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| Provider | Service type | Compensation |
|---|---|---|
Service code 99 | Other Fees | $31,873 |
MORNINGSTAR1 year Filed as: MORNINGSTAR EIN 36-3297908 Service code 27 | Advisory (Plan) | $1,029 |
M HOLDINGS SECURITIES INC7 years Filed as: M HOLDINGS SECURITIES Service code 99 · EIN 91-1802259 | Other Fees | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,552 | $80,781-32.5% | $102,437-46.7% | $74,478-26.8% |
| Participation rate | 89.4% | 65.7%+23.7pp | 74.5%+14.9pp | 67.2%+22.2pp |
| Annual return | 8.86% | 27.58%-18.7pp | 24.95%-16.1pp | 1370.56%-1361.7pp |
| Employer contribution / active EE | $1,566 | $3,160-50.4% | $3,871-59.5% | $2,626-40.4% |
| Participant deferral / active EE | $2,557 | $3,862-33.8% | $5,060-49.5% | $4,350-41.2% |
| Admin fee / account holder | $309 | $2,372-87.0% | $8,388-96.3% | $1,946-84.1% |