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| Provider | Service type | Compensation |
|---|---|---|
CHARLES SCHWAB & CO., INC.4+ years Service code 51 · EIN 94-1737782 | Investment Mgmt Fees | $155,030 |
WHELAN FINANCIAL2 years Service code 26 · EIN 26-0262268 | Advisory (Participants) | $62,077 |
Filed as: SPECTRUM PENSION CONSULTANTS Service code 15 · EIN 91-1035498 | Recordkeeping | $24,324 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant exceed $250,000 - top-decile high-value plan.
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 | $258,909 | $47,977+439.7% | $154,108+68.0% | $56,289+360.0% |
| Participation rate | 95.3% | 66.2%+29.1pp | 83.0%+12.3pp | 69.9%+25.5pp |
| Annual return | -5.77% | 3.54%-9.3pp | 735.21%-741.0pp | -9.96%+4.2pp |
| Employer contribution / active EE | $8,580 | $2,169+295.6% | $5,298+62.0% | $2,111+306.4% |
| Participant deferral / active EE | $6,207 | $2,392+159.5% | $5,081+22.2% | $3,350+85.3% |
| Admin fee / account holder | $1,099 | $438+150.8% | $13,411-91.8% | $521+110.9% |