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| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.4 years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL S · ROCHESTER, NY 14625 | Recordkeeping | $17,462 |
EXPAND FINANCIAL1 year Filed as: EXPAND FINANCIAL, LLC Service code 26 · EIN 27-1124147 PO BOX 2208 · WACO, TX 76701 | Advisory (Participants) | $11,851 |
GOLDMAN SACHS2 years Filed as: AVEO CAPITAL PARTNERS, LLC Service code 26 · EIN 27-1124147 9635 MAROON CIRCLE #440 · ENGLEWOOD, CO 80112 | Advisory (Participants) | $8,467 |
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.
Opinion is qualified - a specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,378 | $88,360-18.1% | $145,433-50.2% | $67,986+6.5% |
| Participation rate | 70.2% | 65.5%+4.7pp | 82.1%-11.9pp | 57.2%+13.0pp |
| Annual return | 13.63% | 63.15%-49.5pp | 66.58%-52.9pp | 31.67%-18.0pp |
| Employer contribution / active EE | $2,027 | $3,054-33.6% | $4,554-55.5% | $2,019+0.4% |
| Participant deferral / active EE | $4,365 | $5,932-26.4% | $7,897-44.7% | $3,358+30.0% |
| Admin fee / account holder | $363 | $3,313-89.1% | $13,129-97.2% | $3,203-88.7% |