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| Provider | Service type | Compensation |
|---|---|---|
MATRIX TRUST COMPANY2+ years Filed as: MG TRUST COMPANY DBA MATRIX TRUST C Service code 15 · EIN 75-3182674 | Recordkeeping | $145,931 |
LYON CAPITAL MANAGEMENT2+ years Service code 26 · EIN 16-1516933 | Advisory (Participants) | $42,222 |
TD AMERITRADE, INC.2+ years Service code 59 · EIN 82-0543156 | Shareholder Servicing | $21,183 |
QCI ASSET MANAGEMENT2+ years Service code 26 40A GROVE STREET · PITTSFORD, NY 14534 | Advisory (Participants) | $12,081 |
MATRIX TRUST COMPANY1 year Service code 62 | Float revenue; Soft dollars commissions | $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.
Assets per participant exceed $250,000 - top-decile high-value plan.
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $252,663 | $80,177+215.1% | $123,894+103.9% | $57,658+338.2% |
| Participation rate | 98.2% | 74.4%+23.8pp | 81.4%+16.8pp | 70.2%+28.0pp |
| Annual return | 6.72% | 17.90%-11.2pp | 47.52%-40.8pp | 5.13%+1.6pp |
| Employer contribution / active EE | $12,642 | $2,913+334.0% | $4,617+173.8% | $1,974+540.5% |
| Participant deferral / active EE | $7,655 | $5,130+49.2% | $5,984+27.9% | $3,061+150.1% |
| Admin fee / account holder | $403 | $106+279.3% | $8,357-95.2% | $95+326.6% |