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| Provider | Service type | Compensation |
|---|---|---|
ALLIANCE BENEFIT GROUP2+ years Filed as: ALLIANCE BENEFIT GROUP OF MI, INC. Service code 15 · EIN 38-2738460 | Recordkeeping | $28,768 |
ABG PORTFOLIO STRATEGIES, INC.2+ years Service code 16 · EIN 38-3242375 | Consulting | $24,789 |
RELIANCE TRUST COMPANY2+ years Service code 19 · EIN 58-1428634 | Securities Custodian | $2,822 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $53,683 | $44,473+20.7% | $76,518-29.8% | $55,725-3.7% |
| Participation rate | 37.0% | 51.0%-14.0pp | 68.0%-31.0pp | 70.9%-33.9pp |
| Annual return | -4.42% | -2.01%-2.4pp | -0.27%-4.2pp | 244.93%-249.3pp |
| Employer contribution / active EE | $390 | $1,101-64.6% | $2,647-85.3% | $2,078-81.3% |
| Participant deferral / active EE | $1,116 | $1,988-43.8% | $3,836-70.9% | $3,356-66.7% |
| Admin fee / account holder | $232 | $134+73.0% | $4,849-95.2% | $115+101.4% |