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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $3,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $16,250 | $84,493-80.8% | $125,381-87.0% | $66,938-75.7% |
| Participation rate | 53.1% | 76.4%-23.3pp | 82.4%-29.3pp | 69.8%-16.7pp |
| Annual return | -13.51% | -8.49%-5.0pp | 572.31%-585.8pp | 1.58%-15.1pp |
| Employer contribution / active EE | $1,559 | $3,554-56.1% | $4,815-67.6% | $2,545-38.7% |
| Participant deferral / active EE | $3,492 | $6,783-48.5% | $7,448-53.1% | $4,238-17.6% |
| Admin fee / account holder | $32 | $685-95.4% | $10,007-99.7% | $594-94.7% |