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| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC2 years Service code 15 · EIN 41-2046279 | Recordkeeping | $54,944 |
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 | $58,633 | $58,726-0.2% | $92,240-36.4% | $62,293-5.9% |
| Participation rate | 93.8% | 68.3%+25.5pp | 76.5%+17.4pp | 69.5%+24.3pp |
| Annual return | 13.12% | 43.62%-30.5pp | 176.29%-163.2pp | 28.90%-15.8pp |
| Employer contribution / active EE | $6,656 | $2,392+178.3% | $3,680+80.9% | $2,042+225.9% |
| Participant deferral / active EE | $2,274 | $2,766-17.8% | $3,897-41.7% | $3,169-28.3% |
| Admin fee / account holder | $323 | $556-41.9% | $5,194-93.8% | $479-32.6% |