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 |
|---|---|---|
BENEFIT ADMINISTRATION, INC.3+ years Filed as: BENEFIT ADMINISTRATION COMPANY Service code 15 · EIN 91-1999591 | Recordkeeping | $124,781 |
Service code 13 · EIN 31-1281022 | Contract Administrator | $34,895 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $13,213 | $37,245-64.5% | $94,993-86.1% | $77,958-83.1% |
| Participation rate | 35.1% | 56.5%-21.4pp | 73.9%-38.8pp | 71.6%-36.6pp |
| Annual return | 20.94% | 22.72%-1.8pp | 27.14%-6.2pp | 20.87%+0.1pp |
| Employer contribution / active EE | $64 | $894-92.8% | $2,603-97.5% | $2,310-97.2% |
| Participant deferral / active EE | $1,005 | $1,828-45.0% | $3,317-69.7% | $3,537-71.6% |
| Admin fee / account holder | $85 | $59+43.6% | $4,960-98.3% | $97-12.9% |