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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES4 years Filed as: JULY BUSINESS SERVICES, INC Service code 15 · EIN 74-2715820 400 AUSTIN AVENUE, STE. 1200 · WACO, TX 76701 | Recordkeeping | $12,246 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,021 | $49,451-19.1% | $79,580-49.7% | $66,938-40.2% |
| Participation rate | 48.1% | 61.3%-13.3pp | 69.5%-21.4pp | 69.8%-21.7pp |
| Annual return | -17.83% | 84.25%-102.1pp | 0.15%-18.0pp | 1.58%-19.4pp |
| Employer contribution / active EE | $0 | $1,266-100.0% | $2,413-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $3,772 | $3,159+19.4% | $3,985-5.4% | $4,238-11.0% |
| Admin fee / account holder | $357 | $595-40.0% | $6,835-94.8% | $594-39.8% |