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| Provider | Service type | Compensation |
|---|---|---|
LATITUDE SERVICE COMPANY INC3+ years Filed as: LATITUDE SERVICE COMPANY, INC. Service code 13 · EIN 82-1371994 | Contract Administrator | $40,633 |
Service code 64 · EIN 32-0169227 | Recordkeeping Fees | $25,379 |
CETERA ADVISOR NETWORKS LLC3+ years Filed as: CETERA ADVISORS, LLC Service code 28 · EIN 84-0858799 | Investment Management | $17,166 |
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.
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 | $5,666 | $31,741-82.2% | $56,025-89.9% | $200,096-97.2% |
| Participation rate | 54.9% | 32.3%+22.6pp | 52.5%+2.4pp | 72.0%-17.1pp |
| Annual return | 38.10% | 14.72%+23.4pp | 1712.69%-1674.6pp | 34.26%+3.8pp |
| Employer contribution / active EE | $453 | $508-10.8% | $1,042-56.5% | $3,038-85.1% |
| Participant deferral / active EE | $543 | $1,184-54.1% | $1,955-72.2% | $5,090-89.3% |
| Admin fee / account holder | $99 | $426-76.7% | $2,828-96.5% | $269-63.2% |