Filed October 25, 2022
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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 48-1205033 | Recordkeeping | $29,294 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $15,757 | $101,499-84.5% | $147,005-89.3% | $74,546-78.9% |
| Participation rate | 88.4% | 75.5%+12.9pp | 82.2%+6.3pp | 67.2%+21.2pp |
| Annual return | 21.06% | 8732.34%-8711.3pp | 418.76%-397.7pp | 1366.03%-1345.0pp |
| Employer contribution / active EE | $2,481 | $3,811-34.9% | $4,934-49.7% | $2,624-5.5% |
| Participant deferral / active EE | $4,973 | $7,304-31.9% | $8,070-38.4% | $4,347+14.4% |
| Admin fee / account holder | $99 | $1,748-94.3% | $13,006-99.2% | $1,944-94.9% |