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| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC1 year Service code 15 · EIN 41-2046279 | Recordkeeping | $75,900 |
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 | $147,608 | $72,273+104.2% | $101,275+45.7% | $79,856+84.8% |
| Participation rate | 90.3% | 68.5%+21.9pp | 75.8%+14.5pp | 69.6%+20.7pp |
| Annual return | 13.55% | 22.30%-8.7pp | 46.48%-32.9pp | 31.71%-18.2pp |
| Employer contribution / active EE | $18,192 | $2,691+576.0% | $3,660+397.0% | $2,471+636.1% |
| Participant deferral / active EE | $1,388 | $3,282-57.7% | $4,371-68.3% | $3,741-62.9% |
| Admin fee / account holder | $612 | $4,401-86.1% | $5,948-89.7% | $5,306-88.5% |