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| Provider | Service type | Compensation |
|---|---|---|
SCHNITMAN & ASSOCIATES INC2+ years Service code 64 · EIN 75-1983809 PO BOX 889 · ALLEN, TX 75013 | Recordkeeping Fees | $107,596 |
MEREDITH & ASSOCIATES2+ years Service code 10 · EIN 87-0716622 251 OCONNOR RIDGE · IRVING, TX 75038 | Accounting | $40,005 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,095 | $46,732+193.4% | $156,551-12.4% | $55,167+148.5% |
| Participation rate | 94.9% | 65.8%+29.1pp | 84.0%+10.9pp | 69.0%+25.9pp |
| Annual return | 7.77% | 17.72%-10.0pp | 32.23%-24.5pp | 169.23%-161.5pp |
| Employer contribution / active EE | $7,914 | $2,105+275.9% | $5,501+43.9% | $1,963+303.2% |
| Participant deferral / active EE | $5,761 | $2,204+161.4% | $4,871+18.3% | $3,054+88.6% |
| Admin fee / account holder | $598 | $418+42.8% | $13,028-95.4% | $504+18.6% |