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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL Service code 26 · EIN 36-3429599 | Advisory (Participants) | $9,827 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $228 |
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 | $32,812 | $53,165-38.3% | $86,216-61.9% | $74,460-55.9% |
| Participation rate | 41.6% | 64.9%-23.2pp | 69.0%-27.3pp | 70.7%-29.1pp |
| Annual return | 34.47% | 22.64%+11.8pp | 1169.42%-1134.9pp | 34.38%+0.1pp |
| Employer contribution / active EE | $399 | $1,210-67.0% | $2,382-83.3% | $2,638-84.9% |
| Participant deferral / active EE | $1,620 | $3,234-49.9% | $3,986-59.3% | $4,530-64.2% |
| Admin fee / account holder | $2 | $551-99.7% | $6,853-100.0% | $348-99.5% |