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| Provider | Service type | Compensation |
|---|---|---|
USI CONSULTING GROUP2 years Service code 15 · EIN 06-1053228 | Recordkeeping | $10,577 |
USI CONSULTING GROUP2 years Filed as: USI ADVISORS, INC. Service code 26 · EIN 06-1397347 | Advisory (Participants) | $10,312 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 82-3967259 | Investment management fees paid indir... | $2,835 |
CHARLES SCHWAB & CO., INC.2 years Service code 18 · EIN 94-1737782 | Custodial (other than securities); Sh... | $0 |
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.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,797 | $52,279-14.3% | $89,391-49.9% | $79,858-43.9% |
| Participation rate | 33.3% | 57.5%-24.2pp | 68.0%-34.6pp | 69.6%-36.3pp |
| Annual return | 8.27% | 22.16%-13.9pp | 245.62%-237.3pp | 31.71%-23.4pp |
| Employer contribution / active EE | $1,103 | $1,572-29.8% | $2,586-57.4% | $2,471-55.4% |
| Participant deferral / active EE | $2,170 | $2,740-20.8% | $3,890-44.2% | $3,740-42.0% |
| Admin fee / account holder | $465 | $3,356-86.1% | $4,881-90.5% | $5,306-91.2% |