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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $443 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $53,464 | $46,697+14.5% | $117,533-54.5% | $68,486-21.9% |
| Participation rate | 51.4% | 56.8%-5.3pp | 70.6%-19.2pp | 67.9%-16.5pp |
| Annual return | -17.65% | -14.52%-3.1pp | 29.77%-47.4pp | -7.85%-9.8pp |
| Employer contribution / active EE | $1,270 | $1,506-15.7% | $4,179-69.6% | $2,597-51.1% |
| Participant deferral / active EE | $3,503 | $2,637+32.8% | $4,072-14.0% | $4,028-13.0% |
| Admin fee / account holder | $434 | $4,023-89.2% | $5,647-92.3% | $5,404-92.0% |