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 |
|---|---|---|
MAGNESS FINANCIAL GROUP, LLC3+ years Service code 27 210 NORTH STATE LINE AVENUE · TEXARKANA, AR 71854 | Advisory (Plan) | $19,796 |
Service code 13 1801 MARKET STREET · PHILADELPHIA, PA 19103 | Contract Administrator | $9,157 |
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.
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 | $48,590 | $59,535-18.4% | $90,161-46.1% | $62,293-22.0% |
| Participation rate | 46.8% | 73.0%-26.3pp | 76.9%-30.1pp | 69.5%-22.7pp |
| Annual return | 11.96% | 23.53%-11.6pp | 34.89%-22.9pp | 28.90%-16.9pp |
| Employer contribution / active EE | $0 | $1,826-100.0% | $3,318-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $1,397 | $4,639-69.9% | $5,287-73.6% | $3,169-55.9% |
| Admin fee / account holder | $493 | $337+46.4% | $5,943-91.7% | $479+2.9% |