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| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC3 years Service code 15 · EIN 41-2046279 | Recordkeeping | $74,357 |
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 | $50,808 | $55,449-8.4% | $83,830-39.4% | $56,287-9.7% |
| Participation rate | 96.2% | 68.0%+28.2pp | 76.1%+20.1pp | 69.9%+26.4pp |
| Annual return | -6.36% | -1.38%-5.0pp | 850.97%-857.3pp | -9.96%+3.6pp |
| Employer contribution / active EE | $5,790 | $2,430+138.2% | $3,631+59.5% | $2,111+174.3% |
| Participant deferral / active EE | $2,624 | $2,935-10.6% | $4,082-35.7% | $3,350-21.7% |
| Admin fee / account holder | $393 | $656-40.0% | $5,479-92.8% | $521-24.5% |