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| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC6 years Service code 15 · EIN 41-2046279 | Recordkeeping | $63,247 |
Annual investment return 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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,922 | $62,581-80.9% | $124,694-90.4% | $86,821-86.3% |
| Participation rate | 84.5% | 56.9%+27.7pp | 74.6%+9.9pp | 72.3%+12.2pp |
| Annual return | 9.35% | 26.67%-17.3pp | 5144.82%-5135.5pp | 97.94%-88.6pp |
| Employer contribution / active EE | $768 | $1,604-52.1% | $3,325-76.9% | $2,406-68.1% |
| Participant deferral / active EE | $1,315 | $2,725-51.8% | $4,615-71.5% | $4,132-68.2% |
| Admin fee / account holder | $110 | $170-34.9% | $7,495-98.5% | $170-34.9% |