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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 85-3986400 | Loan Processing | $19,304 |
BFC PLANNING INC3 years Service code 27 | Advisory (Plan) | $11,363 |
SCHWARTZ GIANNINI LANTSB1 year Filed as: SCHWARTZ GIANNINI LANTSBERGER Service code 10 · EIN 68-0290029 | Accounting | $9,000 |
FINDEC WEALTH SERVICES, INC.3 years Service code 28 · EIN 85-3994987 | Investment Management | $6,412 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $0 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,691 | $69,444-21.2% | $92,985-41.2% | $87,485-37.5% |
| Participation rate | 99.0% | 63.3%+35.7pp | 69.5%+29.5pp | 68.9%+30.0pp |
| Annual return | 5.50% | 23.85%-18.3pp | 27.99%-22.5pp | 26.06%-20.6pp |
| Employer contribution / active EE | $3,085 | $1,917+60.9% | $2,662+15.9% | $2,596+18.8% |
| Participant deferral / active EE | $3,617 | $3,364+7.5% | $4,377-17.4% | $4,274-15.4% |
| Admin fee / account holder | $334 | $6,137-94.6% | $9,463-96.5% | $7,775-95.7% |