| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $6,110,983 |
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $633,262 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $36,676 | $128,169-71.4% | $147,117-75.1% | $106,553-65.6% |
| Participation rate | 66.8% | 67.3%-0.5pp | 82.2%-15.4pp | 69.8%-3.0pp |
| Annual return | 20.67% | 17.88%+2.8pp | 420.54%-399.9pp | 17.37%+3.3pp |
| Employer contribution / active EE | $759 | $3,374-77.5% | $4,932-84.6% | $3,359-77.4% |
| Participant deferral / active EE | $3,764 | $7,665-50.9% | $8,065-53.3% | $5,562-32.3% |
| Admin fee / account holder | $7 | $88-91.5% | $12,993-99.9% | $80-90.6% |