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| Provider | Service type | Compensation |
|---|---|---|
TRUTINA FINANCIAL1 year Service code 26 · EIN 47-0995939 | Advisory (Participants) | $5,161 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $64,608 | $69,383-6.9% | $101,264-36.2% | $73,493-12.1% |
| Participation rate | 57.0% | 68.4%-11.4pp | 75.8%-18.8pp | 70.7%-13.7pp |
| Annual return | 17.92% | 18.46%-0.5pp | 46.48%-28.6pp | 28.51%-10.6pp |
| Employer contribution / active EE | $1,724 | $2,628-34.4% | $3,660-52.9% | $2,270-24.1% |
| Participant deferral / active EE | $5,558 | $3,301+68.4% | $4,370+27.2% | $3,740+48.6% |
| Admin fee / account holder | $376 | $704-46.6% | $5,947-93.7% | $513-26.8% |