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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.3 years Service code 15 · EIN 23-1945930 | Recordkeeping | $10,716 |
ASCENSUS LLC3 years Filed as: FORUS ADVISORS Service code 27 · EIN 46-1803145 | Advisory (Plan) | $8,458 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,993 | $66,124-65.2% | $90,404-74.6% | $73,488-68.7% |
| Participation rate | 58.5% | 69.7%-11.2pp | 72.7%-14.2pp | 70.7%-12.2pp |
| Annual return | 3.84% | 17.65%-13.8pp | 1293.02%-1289.2pp | 28.51%-24.7pp |
| Employer contribution / active EE | $912 | $2,346-61.1% | $3,262-72.0% | $2,270-59.8% |
| Participant deferral / active EE | $1,650 | $3,039-45.7% | $3,963-58.4% | $3,740-55.9% |
| Admin fee / account holder | $170 | $396-57.2% | $5,611-97.0% | $513-66.9% |