Filed February 3, 2023
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $452,025 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $19,970 | $56,274-64.5% | $109,923-81.8% | $106,520-81.3% |
| Participation rate | 33.0% | 46.3%-13.3pp | 74.2%-41.3pp | 71.3%-38.4pp |
| Annual return | 34.75% | 27.85%+6.9pp | 29.46%+5.3pp | 19.28%+15.5pp |
| Employer contribution / active EE | $562 | $1,010-44.4% | $2,844-80.2% | $2,840-80.2% |
| Participant deferral / active EE | $1,800 | $1,973-8.8% | $4,048-55.5% | $4,948-63.6% |
| Admin fee / account holder | $78 | $57+37.0% | $6,070-98.7% | $75+4.9% |