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| Provider | Service type | Compensation |
|---|---|---|
Service code 27 · EIN 11-1122222 | Advisory (Plan) | $9,656 |
HEINTZBERGERPAYNE3+ years Service code 13 · EIN 20-8835556 | Contract Administrator | $6,907 |
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 | $58,809 | $51,466+14.3% | $78,778-25.3% | $62,293-5.6% |
| Participation rate | 24.0% | 59.8%-35.8pp | 69.2%-45.2pp | 69.5%-45.5pp |
| Annual return | 19.30% | 19.96%-0.7pp | 35.62%-16.3pp | 28.90%-9.6pp |
| Employer contribution / active EE | $812 | $827-1.8% | $1,986-59.1% | $2,042-60.2% |
| Participant deferral / active EE | $1,174 | $2,147-45.4% | $2,958-60.3% | $3,169-63.0% |
| Admin fee / account holder | $339 | $489-30.8% | $5,134-93.4% | $479-29.3% |