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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL Service code 26 · EIN 36-3429599 | Advisory (Participants) | $7,349 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $238 |
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).
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 | $29,416 | $49,451-40.5% | $79,580-63.0% | $66,938-56.1% |
| Participation rate | 37.9% | 61.3%-23.5pp | 69.5%-31.6pp | 69.8%-31.9pp |
| Annual return | -17.42% | 84.25%-101.7pp | 0.15%-17.6pp | 1.58%-19.0pp |
| Employer contribution / active EE | $325 | $1,266-74.3% | $2,413-86.5% | $2,545-87.2% |
| Participant deferral / active EE | $1,689 | $3,159-46.5% | $3,985-57.6% | $4,238-60.2% |
| Admin fee / account holder | $2 | $595-99.6% | $6,835-100.0% | $594-99.6% |