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| Provider | Service type | Compensation |
|---|---|---|
BELL BANK6 years Service code 15 · EIN 45-0283315 | Recordkeeping | $32,822 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,120 | $74,188-68.8% | $115,756-80.0% | $64,819-64.3% |
| Participation rate | 42.6% | 76.2%-33.6pp | 77.1%-34.5pp | 71.5%-28.9pp |
| Annual return | -12.51% | -11.81%-0.7pp | 143.14%-155.6pp | 32.84%-45.3pp |
| Employer contribution / active EE | $1,425 | $3,365-57.6% | $3,793-62.4% | $2,507-43.2% |
| Participant deferral / active EE | $3,131 | $5,294-40.9% | $6,254-49.9% | $4,311-27.4% |
| Admin fee / account holder | $147 | $148-0.8% | $8,124-98.2% | $188-21.6% |