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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $51,112 |
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $29,322 |
LPL FINANCIAL1 year Service code 27 · EIN 95-2834236 | Advisory (Plan) | $17,199 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $88,208 | $185,342-52.4% | $111,303-20.7% | $86,813+1.6% |
| Participation rate | 68.3% | 81.0%-12.6pp | 77.3%-9.0pp | 72.3%-3.9pp |
| Annual return | 14.84% | 500.80%-486.0pp | 54.66%-39.8pp | 97.93%-83.1pp |
| Employer contribution / active EE | $1,298 | $2,246-42.2% | $2,731-52.5% | $2,406-46.1% |
| Participant deferral / active EE | $2,484 | $4,458-44.3% | $4,487-44.6% | $4,131-39.9% |
| Admin fee / account holder | $294 | $255+15.1% | $7,966-96.3% | $170+73.4% |