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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $284 |
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.)
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 | $45,911 | $47,944-4.2% | $67,834-32.3% | $62,881-27.0% |
| Participation rate | 37.9% | 61.1%-23.1pp | 68.8%-30.9pp | 69.3%-31.4pp |
| Annual return | 7.56% | 11.77%-4.2pp | 138.47%-130.9pp | 20.14%-12.6pp |
| Employer contribution / active EE | $0 | $1,562-100.0% | $2,403-100.0% | $2,281-100.0% |
| Participant deferral / active EE | $1,370 | $2,247-39.0% | $3,160-56.6% | $3,203-57.2% |
| Admin fee / account holder | $332 | $3,712-91.1% | $4,622-92.8% | $4,296-92.3% |