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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $23,922 |
SHAREBUILDER ADVISOR LLC1 year Service code 27 801 2ND AVE · SEATTLE, WA 98104 | Advisory (Plan) | $8,412 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,214 | $50,919-93.7% | $155,556-97.9% | $77,762-95.9% |
| Participation rate | 84.3% | 63.1%+21.2pp | 78.2%+6.1pp | 70.6%+13.7pp |
| Annual return | 19.07% | 34.84%-15.8pp | 64.84%-45.8pp | 31.27%-12.2pp |
| Employer contribution / active EE | $0 | $1,991-100.0% | $4,675-100.0% | $2,728-100.0% |
| Participant deferral / active EE | $1,771 | $2,824-37.3% | $5,631-68.5% | $4,651-61.9% |
| Admin fee / account holder | $21 | $437-95.1% | $15,885-99.9% | $433-95.1% |