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| Provider | Service type | Compensation |
|---|---|---|
ROGERS WEALTH GROUP, INC.3+ years Service code 15 | Recordkeeping | $10,833 |
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.)
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 | $40,558 | $67,602-40.0% | $82,312-50.7% | $70,126-42.2% |
| Participation rate | 46.9% | 72.8%-25.9pp | 76.9%-30.0pp | 69.5%-22.7pp |
| Annual return | 15.32% | 21.57%-6.3pp | 25.88%-10.6pp | 73.15%-57.8pp |
| Employer contribution / active EE | $1,541 | $1,755-12.2% | $2,428-36.5% | $2,343-34.2% |
| Participant deferral / active EE | $2,830 | $2,987-5.3% | $3,706-23.6% | $3,332-15.1% |
| Admin fee / account holder | $340 | $4,512-92.5% | $5,608-93.9% | $4,645-92.7% |