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| Provider | Service type | Compensation |
|---|---|---|
JULY BUSINESS SERVICES2 years Filed as: JULY BUSINESS SERVICES LLC Service code 13 · EIN 74-2715820 P.O. BOX 2208 · WACO, TX 76703 | Contract Administrator | $15,990 |
Filed as: CERITY PARTNERS RETIREMENT PLAN ADV Service code 26 335 MADISON AVENUE, 23RD FLOOR · NEW YORK, NY 10017 | Advisory (Participants) | $0 |
CHARLES SCHWAB & CO., INC.9 years Filed as: CHARLES SCHWAB BANK Service code 18 · EIN 42-1558009 | Trustee (directed); Investment manage... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,845 | $55,458-11.9% | $76,030-35.8% | $77,762-37.2% |
| Participation rate | 39.1% | 63.6%-24.5pp | 69.1%-30.0pp | 70.6%-31.5pp |
| Annual return | 13.84% | 17.10%-3.3pp | 361.54%-347.7pp | 31.27%-17.4pp |
| Employer contribution / active EE | $641 | $1,792-64.2% | $2,688-76.2% | $2,728-76.5% |
| Participant deferral / active EE | $2,150 | $3,454-37.8% | $4,257-49.5% | $4,651-53.8% |
| Admin fee / account holder | $38 | $411-90.8% | $6,421-99.4% | $433-91.3% |