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| Provider | Service type | Compensation |
|---|---|---|
LATITUDE SERVICE COMPANY INC2+ years Filed as: LATITUDE SERVICE COMPANY, INC. Service code 13 · EIN 82-1371994 | Contract Administrator | $27,753 |
Service code 64 · EIN 32-0169227 | Recordkeeping Fees | $17,602 |
CETERA ADVISOR NETWORKS LLC2+ years Filed as: CETERA ADVISORS, LLC Service code 28 · EIN 84-0858799 | Investment Management | $10,677 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $4,614 | $26,137-82.3% | $58,561-92.1% | $74,460-93.8% |
| Participation rate | 77.3% | 32.2%+45.1pp | 50.9%+26.4pp | 70.7%+6.5pp |
| Annual return | 17.61% | 32.53%-14.9pp | 4251.33%-4233.7pp | 34.38%-16.8pp |
| Employer contribution / active EE | $862 | $537+60.6% | $1,053-18.2% | $2,638-67.3% |
| Participant deferral / active EE | $711 | $1,076-33.9% | $1,923-63.0% | $4,530-84.3% |
| Admin fee / account holder | $92 | $648-85.9% | $2,520-96.4% | $348-73.7% |