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| Provider | Service type | Compensation |
|---|---|---|
UNITED OF OMAHA8+ years Service code 15 · EIN 47-0322111 | Recordkeeping | $21,354 |
WRIGHT FORD YOUNG & CO3 years Service code 10 16140 SAND CANYON AVE · IRVINE, CA 92618 | Accounting | $14,000 |
Filed as: ADMIN ADVANTAGE Service code 50 C/O MUTUAL OF OMAHA RETIREMENT PLAN · OMAHA, NE 681030608 | Direct Payment | $500 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $63,597 | $47,898+32.8% | $117,529-45.9% | $64,824-1.9% |
| Participation rate | 32.3% | 61.9%-29.6pp | 70.6%-38.3pp | 71.5%-39.2pp |
| Annual return | -16.67% | -15.54%-1.1pp | 29.77%-46.4pp | 32.84%-49.5pp |
| Employer contribution / active EE | $14 | $1,774-99.2% | $4,179-99.7% | $2,507-99.4% |
| Participant deferral / active EE | $1,225 | $3,151-61.1% | $4,072-69.9% | $4,311-71.6% |
| Admin fee / account holder | $79 | $132-40.2% | $5,645-98.6% | $188-58.0% |