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| Provider | Service type | Compensation |
|---|---|---|
DAVINCI CAPITAL MANAGEMENT5 years Filed as: DAVINCI CAPITAL MANAGEMENT INC Service code 55 · EIN 01-0522492 | Other Commissions | $17,222 |
Service code 37 · EIN 04-2647786 | Loan Processing | $9,689 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,649 | $56,152-4.5% | $185,835-71.1% | $73,412-26.9% |
| Participation rate | 45.1% | 67.6%-22.5pp | 78.0%-33.0pp | 72.2%-27.1pp |
| Annual return | 15.24% | 17.59%-2.3pp | 35.96%-20.7pp | 59.30%-44.1pp |
| Employer contribution / active EE | $1,242 | $1,532-18.9% | $4,087-69.6% | $2,234-44.4% |
| Participant deferral / active EE | $2,603 | $3,659-28.9% | $5,633-53.8% | $3,806-31.6% |
| Admin fee / account holder | $65 | $132-50.4% | $9,502-99.3% | $158-58.5% |