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| Provider | Service type | Compensation |
|---|---|---|
BTC1+ years Service code 24 · EIN 45-5138085 | Discretionary Trustee | $56,908 |
BENECO SYSTEMS, LLC1+ years Filed as: BENECO Service code 15 · EIN 41-2046279 | Recordkeeping | $15,465 |
Participant 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.
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 | $15,972 | $47,969-66.7% | $85,969-81.4% | $52,331-69.5% |
| Participation rate | 81.3% | 61.7%+19.6pp | 76.5%+4.7pp | 68.1%+13.2pp |
| Annual return | -1.35% | -0.13%-1.2pp | 9.32%-10.7pp | 4.54%-5.9pp |
| Employer contribution / active EE | $465 | $1,460-68.1% | $3,474-86.6% | $1,882-75.3% |
| Participant deferral / active EE | $879 | $2,110-58.4% | $3,829-77.0% | $3,022-70.9% |
| Admin fee / account holder | $271 | $530-48.8% | $6,053-95.5% | $592-54.2% |