Filed September 4, 2024
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $17,949 |
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).
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 | $7,731 | $47,135-83.6% | $149,717-94.8% | $74,440-89.6% |
| Participation rate | 86.6% | 63.4%+23.2pp | 78.8%+7.8pp | 70.7%+15.8pp |
| Annual return | 23.82% | 22.75%+1.1pp | 134.41%-110.6pp | 34.37%-10.5pp |
| Employer contribution / active EE | $473 | $1,906-75.2% | $4,820-90.2% | $2,638-82.1% |
| Participant deferral / active EE | $267 | $2,728-90.2% | $5,682-95.3% | $4,529-94.1% |
| Admin fee / account holder | $24 | $343-93.1% | $13,213-99.8% | $348-93.2% |