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| Provider | Service type | Compensation |
|---|---|---|
PARALLEL ADVISORS LLC3 years Service code 27 · EIN 20-4420591 | Advisory (Plan) | $34,838 |
Service code 37 · EIN 04-2647786 | Loan Processing | $28,646 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $68,361 | $89,367-23.5% | $141,191-51.6% | $72,975-6.3% |
| Participation rate | 95.3% | 75.1%+20.2pp | 82.5%+12.9pp | 69.5%+25.9pp |
| Annual return | 27.57% | 111.87%-84.3pp | 71.41%-43.8pp | 81.01%-53.4pp |
| Employer contribution / active EE | $1,838 | $3,115-41.0% | $4,736-61.2% | $2,440-24.7% |
| Participant deferral / active EE | $7,454 | $5,419+37.6% | $6,710+11.1% | $3,608+106.6% |
| Admin fee / account holder | $420 | $5,957-93.0% | $10,264-95.9% | $5,124-91.8% |