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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.6 years Service code 15 · EIN 23-1945930 | Recordkeeping | $8,450 |
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 | $28,751 | $110,483-74.0% | $145,433-80.2% | $79,634-63.9% |
| Participation rate | 47.2% | 71.1%-23.9pp | 82.1%-34.9pp | 62.5%-15.3pp |
| Annual return | 27.80% | 24.62%+3.2pp | 66.58%-38.8pp | 36.46%-8.7pp |
| Employer contribution / active EE | $1,608 | $4,053-60.3% | $4,554-64.7% | $2,529-36.4% |
| Participant deferral / active EE | $2,944 | $7,216-59.2% | $7,897-62.7% | $3,835-23.2% |
| Admin fee / account holder | $22 | $680-96.8% | $13,129-99.8% | $1,002-97.8% |