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| Provider | Service type | Compensation |
|---|---|---|
PARALLEL ADVISORS LLC4 years Service code 27 · EIN 20-4420591 | Advisory (Plan) | $39,493 |
Service code 37 · EIN 04-2647786 | Loan Processing | $32,587 |
CLIFTONLARSONALLEN LLP3 years Service code 10 · EIN 41-0746749 | Accounting | $7,549 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $79,534 | $98,766-19.5% | $149,730-46.9% | $79,852-0.4% |
| Participation rate | 98.9% | 75.8%+23.2pp | 82.5%+16.5pp | 69.6%+29.3pp |
| Annual return | 16.28% | 27.43%-11.1pp | 276.70%-260.4pp | 31.72%-15.4pp |
| Employer contribution / active EE | $1,864 | $3,217-42.1% | $4,645-59.9% | $2,471-24.6% |
| Participant deferral / active EE | $7,839 | $5,681+38.0% | $6,843+14.6% | $3,740+109.6% |
| Admin fee / account holder | $524 | $6,052-91.3% | $9,310-94.4% | $5,306-90.1% |