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| Provider | Service type | Compensation |
|---|---|---|
BENECO SYSTEMS, LLC4 years Service code 15 · EIN 41-2046279 | Recordkeeping | $74,066 |
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 | $61,221 | $63,114-3.0% | $92,903-34.1% | $65,185-6.1% |
| Participation rate | 97.0% | 68.8%+28.3pp | 76.0%+21.0pp | 70.2%+26.8pp |
| Annual return | 18.63% | 28.75%-10.1pp | 109.43%-90.8pp | 29.38%-10.8pp |
| Employer contribution / active EE | $6,245 | $2,571+142.9% | $3,653+70.9% | $2,177+186.9% |
| Participant deferral / active EE | $3,023 | $3,108-2.7% | $4,238-28.7% | $3,514-14.0% |
| Admin fee / account holder | $384 | $624-38.5% | $5,795-93.4% | $847-54.7% |