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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FRINGE BENEFITS DESIGN, INC. Service code 15 · EIN 41-1276678 | Recordkeeping | $7,532 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $43,171 | $41,854+3.1% | $73,836-41.5% | $52,331-17.5% |
| Participation rate | 61.8% | 66.2%-4.5pp | 73.4%-11.7pp | 68.1%-6.3pp |
| Annual return | 0.22% | 2.11%-1.9pp | 2268.06%-2267.8pp | 4.54%-4.3pp |
| Employer contribution / active EE | $831 | $1,920-56.7% | $2,787-70.2% | $1,882-55.8% |
| Participant deferral / active EE | $2,056 | $2,498-17.7% | $3,583-42.6% | $3,022-32.0% |
| Admin fee / account holder | $97 | $493-80.3% | $4,882-98.0% | $592-83.6% |