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| Provider | Service type | Compensation |
|---|---|---|
Filed as: BLUESTAR RETIREMENT SERVICES, INC. Service code 12 · EIN 59-3092339 | Account maintenance fees; Participant... | $7,192 |
Service code 12 · EIN 82-1222973 | Plan Administrator; Direct payment fr... | $5,836 |
MATRIX TRUST COMPANY1 year Filed as: MATRIX TRUST COMPANY (PHOENIX) Service code 19 · EIN 75-3182674 | Securities Custodian | $700 |
MATRIX TRUST COMPANY2 years Service code 19 | Securities Custodian | $0 |
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.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $26,143 | $70,879-63.1% | $189,558-86.2% | $79,393-67.1% |
| Participation rate | 37.3% | 68.0%-30.7pp | 78.5%-41.2pp | 70.7%-33.4pp |
| Annual return | 13.33% | 20.70%-7.4pp | 64.19%-50.9pp | 116.87%-103.5pp |
| Employer contribution / active EE | $762 | $1,806-57.8% | $4,412-82.7% | $2,428-68.6% |
| Participant deferral / active EE | $1,344 | $4,081-67.1% | $6,174-78.2% | $4,046-66.8% |
| Admin fee / account holder | $135 | $647-79.1% | $9,809-98.6% | $627-78.4% |