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| Provider | Service type | Compensation |
|---|---|---|
HENRY & HORNE, LLP1 year Service code 10 · EIN 86-0133881 | Accounting | $16,912 |
WELLS FARGO BANK, N.A.2+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $9,335 |
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.
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 | $25,876 | $57,921-55.3% | $84,753-69.5% | $57,658-55.1% |
| Participation rate | 50.4% | 72.9%-22.6pp | 76.6%-26.2pp | 70.2%-19.9pp |
| Annual return | 6.69% | 10.24%-3.5pp | 22.78%-16.1pp | 5.13%+1.6pp |
| Employer contribution / active EE | $0 | $2,598-100.0% | $3,574-100.0% | $1,974-100.0% |
| Participant deferral / active EE | $1,167 | $2,742-57.4% | $3,712-68.6% | $3,061-61.9% |
| Admin fee / account holder | $212 | $130+63.5% | $5,333-96.0% | $95+124.3% |