| Provider | Service type | Compensation |
|---|---|---|
PAYCHEX, INC.2+ years Service code 15 · EIN 16-1124166 911 PANORAMA TRAIL SOUTH · ROCHESTER, NY 14625 | Recordkeeping | $2,161,635 |
Filed as: MESIROW FINANCIAL HOLDINGS, INC Service code 28 · EIN 36-3429599 353 NORTH CLARK STREET · CHICAGO, IL 60654 | Investment Management | $90,583 |
CAPE INVESTMENT ADVISORY INC2+ years Service code 26 · EIN 26-1775149 1600 PENNSYLVANIA AVE · MCDONOUGH, GA 30253 | Advisory (Participants) | $63,155 |
401K GENERATION1 year Filed as: 401K GENERATION INC. Service code 26 · EIN 26-4477125 237 S WESTMONTE DR · ALTAMONTE SPRINGS, FL 32714 | Advisory (Participants) | $59,897 |
Service code 26 · EIN 81-2780637 935 MAIN ST. · MANCHESTER, CT 06040 | Advisory (Participants) | $58,480 |
MID ATLANTIC CAPITAL CORPORATION2+ years Filed as: MID-ATLANTIC TRUST COMPANY Service code 25 · EIN 27-3169253 330 SOUTH POPLAR AVENUE · PIERRE, SD 57501 | Directed Trustee | $57,501 |
Filed as: CAMBRIDGE Service code 26 · EIN 42-1445429 1776 PLEASANT PLAIN ROAD · FAIRFIELD, IA 52556 | Advisory (Participants) | $22,406 |
LPL FINANCIAL1 year Service code 26 · EIN 04-3046611 PO BOX 502533 · SAN DIEGO, CA 92150 | Advisory (Participants) | $14,257 |
PFS INVESTMENTS1 year Filed as: PFS INVESTMENTS INC Service code 26 · EIN 58-1436188 1 PRIMERICA PARKWAY · DULUTH, GA 30099 | Advisory (Participants) | $9,644 |
SONOMA WEALTH ADVISORS1 year Service code 26 · EIN 84-2932124 539 BROADWAY · SONOMA, CA 95476 | Advisory (Participants) | $6,030 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,224 | $118,441-97.3% | $151,634-97.9% | $89,433-96.4% |
| Participation rate | 35.8% | 88.0%-52.2pp | 87.5%-51.7pp | 71.3%-35.5pp |
| Annual return | 38.62% | -9.10%+47.7pp | 3.32%+35.3pp | -11.88%+50.5pp |
| Employer contribution / active EE | $183 | $4,770-96.2% | $6,165-97.0% | $3,021-93.9% |
| Participant deferral / active EE | $772 | $7,648-89.9% | $8,363-90.8% | $5,125-84.9% |
| Admin fee / account holder | $20 | $90-77.4% | $11,614-99.8% | $79-74.5% |