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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $1,440 |
AMERICA'S 401K, INC.3 years Service code 13 8131 LBJ FREEWAY STE 770 · DALLAS, TX 75251 | Contract Administrator | $0 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 8515 EAST ORCHARD RD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $64,947 | $72,492-10.4% | $87,104-25.4% | $72,975-11.0% |
| Participation rate | 64.2% | 72.8%-8.6pp | 76.9%-12.7pp | 69.5%-5.3pp |
| Annual return | 19.10% | 24.46%-5.4pp | 28.19%-9.1pp | 81.01%-61.9pp |
| Employer contribution / active EE | $1,299 | $1,894-31.4% | $2,521-48.5% | $2,440-46.8% |
| Participant deferral / active EE | $2,051 | $3,270-37.3% | $4,048-49.3% | $3,608-43.2% |
| Admin fee / account holder | $604 | $5,055-88.0% | $7,491-91.9% | $5,124-88.2% |