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| Provider | Service type | Compensation |
|---|---|---|
THE BENEFIT PRACTICE1 year Service code 13 · EIN 13-4144565 | Contract Administrator | $5,502 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $148 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $137,839 | $98,766+39.6% | $149,730-7.9% | $79,852+72.6% |
| Participation rate | 65.5% | 75.8%-10.3pp | 82.5%-17.0pp | 69.6%-4.1pp |
| Annual return | 11.82% | 27.43%-15.6pp | 276.70%-264.9pp | 31.72%-19.9pp |
| Employer contribution / active EE | $858 | $3,217-73.3% | $4,645-81.5% | $2,471-65.3% |
| Participant deferral / active EE | $3,956 | $5,681-30.4% | $6,843-42.2% | $3,740+5.8% |
| Admin fee / account holder | $4,475 | $6,052-26.1% | $9,310-51.9% | $5,306-15.7% |