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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $4,968 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $7,521 | $43,550-82.7% | $63,244-88.1% | $52,331-85.6% |
| Participation rate | 28.8% | 65.7%-36.9pp | 71.0%-42.3pp | 68.1%-39.3pp |
| Annual return | -1.08% | 2.03%-3.1pp | -70.31%+69.2pp | 4.54%-5.6pp |
| Employer contribution / active EE | $583 | $1,351-56.8% | $2,322-74.9% | $1,882-69.0% |
| Participant deferral / active EE | $1,172 | $2,254-48.0% | $2,953-60.3% | $3,022-61.2% |
| Admin fee / account holder | $7 | $387-98.3% | $5,893-99.9% | $592-98.9% |