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| Provider | Service type | Compensation |
|---|---|---|
AMERICAN FUNDS2 years Service code 12 · EIN 95-6817943 P.O. BOX 6040 · INDIANAPOLIS, IN 462066040 | Recordkeeping fees; Recordkeeping and... | $550 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $11,834 | $43,504-72.8% | $68,612-82.8% | $56,289-79.0% |
| Participation rate | 99.3% | 67.8%+31.5pp | 72.2%+27.1pp | 69.9%+29.5pp |
| Annual return | 17.10% | -3.15%+20.3pp | -4.63%+21.7pp | -9.96%+27.1pp |
| Employer contribution / active EE | $1,478 | $1,525-3.1% | $2,625-43.7% | $2,111-30.0% |
| Participant deferral / active EE | $1,350 | $2,509-46.2% | $3,311-59.2% | $3,350-59.7% |
| Admin fee / account holder | $2 | $515-99.6% | $5,131-100.0% | $521-99.6% |