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| Provider | Service type | Compensation |
|---|---|---|
BELL BANK2 years Service code 15 · EIN 45-0283315 | Recordkeeping | $10,520 |
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.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $46,186 | $59,191-22.0% | $76,767-39.8% | $56,289-17.9% |
| Participation rate | 15.2% | 75.2%-60.0pp | 77.0%-61.8pp | 69.9%-54.6pp |
| Annual return | -3.40% | 6.62%-10.0pp | 2.43%-5.8pp | -9.96%+6.6pp |
| Employer contribution / active EE | $0 | $1,759-100.0% | $2,485-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $1,598 | $3,255-50.9% | $3,852-58.5% | $3,350-52.3% |
| Admin fee / account holder | $363 | $489-25.8% | $6,675-94.6% | $521-30.4% |