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| Provider | Service type | Compensation |
|---|---|---|
MILLIMAN, INC.8+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $272,530 |
CHARLES SCHWAB & CO., INC.4 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $5 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $106,122 | $104,544+1.5% | $96,564+9.9% | $80,187+32.3% |
| Participation rate | 68.4% | 86.4%-18.0pp | 76.0%-7.6pp | 72.9%-4.5pp |
| Annual return | 22.98% | 21.79%+1.2pp | 25.89%-2.9pp | 40.40%-17.4pp |
| Employer contribution / active EE | $1,402 | $3,527-60.3% | $2,967-52.7% | $2,980-52.9% |
| Participant deferral / active EE | $2,584 | $6,170-58.1% | $4,852-46.7% | $5,016-48.5% |
| Admin fee / account holder | $183 | $107+70.9% | $8,256-97.8% | $145+25.9% |