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| Provider | Service type | Compensation |
|---|---|---|
SCHNITMAN & ASSOCIATES INC3+ years Service code 64 · EIN 75-1983809 PO BOX 889 · ALLEN, TX 75013 | Recordkeeping Fees | $110,318 |
Filed as: HUSELTON MORGAN & MAULTSBY Service code 10 · EIN 75-2409112 12221 MERIT DRIVE, SUITE 1800 · DALLAS, TX 75251 | Accounting | $15,224 |
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.
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 | $125,084 | $55,453+125.6% | $170,435-26.6% | $62,293+100.8% |
| Participation rate | 100.0% | 66.4%+33.6pp | 83.6%+16.4pp | 69.5%+30.5pp |
| Annual return | 9.24% | 21.38%-12.1pp | 205.94%-196.7pp | 28.90%-19.7pp |
| Employer contribution / active EE | $6,926 | $2,164+220.1% | $5,432+27.5% | $2,042+239.1% |
| Participant deferral / active EE | $5,404 | $2,303+134.7% | $4,939+9.4% | $3,169+70.5% |
| Admin fee / account holder | $436 | $455-4.1% | $13,881-96.9% | $479-9.0% |