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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $649 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $65,253 | $65,862-0.9% | $124,693-47.7% | $79,391-17.8% |
| Participation rate | 64.9% | 62.2%+2.7pp | 74.6%-9.7pp | 70.7%-5.8pp |
| Annual return | 13.32% | 19.02%-5.7pp | 5144.19%-5130.9pp | 116.88%-103.6pp |
| Employer contribution / active EE | $1,847 | $1,883-1.9% | $3,324-44.4% | $2,428-23.9% |
| Participant deferral / active EE | $2,517 | $2,772-9.2% | $4,615-45.5% | $4,046-37.8% |
| Admin fee / account holder | $5 | $673-99.3% | $7,494-99.9% | $627-99.2% |