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| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $6,747 |
Filed as: THE RETIRMENT ADVANTAGE Service code 15 · EIN 39-1816008 | Recordkeeping | $5,169 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,567 | $65,092-26.9% | $143,799-66.9% | $66,938-28.9% |
| Participation rate | 27.4% | 65.2%-37.8pp | 80.3%-52.9pp | 69.8%-42.4pp |
| Annual return | -16.43% | -11.14%-5.3pp | -0.04%-16.4pp | 1.58%-18.0pp |
| Employer contribution / active EE | $361 | $2,362-84.7% | $4,952-92.7% | $2,545-85.8% |
| Participant deferral / active EE | $1,739 | $2,920-40.5% | $5,638-69.2% | $4,238-59.0% |
| Admin fee / account holder | $195 | $502-61.1% | $14,677-98.7% | $594-67.1% |