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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $34,708 |
TRUENORTH WEALTH2+ years Service code 27 · EIN 20-5636795 | Advisory (Plan) | $13,030 |
HCS RETIREMENT SERVICES, LLC2+ years Filed as: HCS RETIREMENT SERVICES LLC Service code 15 · EIN 20-1684241 | Recordkeeping | $2,925 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $96,669 | $77,638+24.5% | $156,551-38.3% | $62,881+53.7% |
| Participation rate | 100.0% | 71.2%+28.8pp | 84.0%+16.0pp | 69.3%+30.7pp |
| Annual return | 6.44% | 50.33%-43.9pp | 32.23%-25.8pp | 20.14%-13.7pp |
| Employer contribution / active EE | $6,750 | $3,444+96.0% | $5,501+22.7% | $2,281+195.9% |
| Participant deferral / active EE | $3,992 | $3,046+31.1% | $4,871-18.1% | $3,203+24.6% |
| Admin fee / account holder | $680 | $5,561-87.8% | $13,028-94.8% | $4,296-84.2% |