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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES5 years Filed as: JULY BUSINESS SERVICES, INC Service code 15 · EIN 74-2715820 400 AUSTIN AVENUE, STE. 1200 · WACO, TX 76701 | Recordkeeping | $11,470 |
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 | $57,334 | $54,717+4.8% | $86,209-33.5% | $71,495-19.8% |
| Participation rate | 42.2% | 60.1%-17.9pp | 69.0%-26.8pp | 67.9%-25.8pp |
| Annual return | 25.46% | 20.07%+5.4pp | 1169.05%-1143.6pp | 28.85%-3.4pp |
| Employer contribution / active EE | $0 | $1,267-100.0% | $2,381-100.0% | $2,589-100.0% |
| Participant deferral / active EE | $3,601 | $3,110+15.8% | $3,986-9.7% | $4,291-16.1% |
| Admin fee / account holder | $426 | $1,922-77.8% | $6,853-93.8% | $1,588-73.1% |