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| Provider | Service type | Compensation |
|---|---|---|
PARALLEL ADVISORS LLC2 years Filed as: PARALLEL ADVISORS, LLC Service code 27 · EIN 20-4420591 | Advisory (Plan) | $34,292 |
Service code 15 · EIN 13-3689044 | Recordkeeping | $26,181 |
NICHOLAS PENSION CONSULTANTS2 years Service code 15 · EIN 27-1186851 | Recordkeeping | $3,085 |
Service code 33 · EIN 94-1737782 | Securities brokerage commissions and ... | $101 |
Filed as: CHARLES SCHWAB & CO.,INC. Service code 33 | Securities brokerage; Securities brok... | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $119,021 | $64,719+83.9% | $112,249+6.0% | $68,486+73.8% |
| Participation rate | 90.8% | 67.2%+23.7pp | 75.1%+15.8pp | 67.9%+22.9pp |
| Annual return | -13.14% | -11.40%-1.7pp | 27.48%-40.6pp | -7.85%-5.3pp |
| Employer contribution / active EE | $8,287 | $2,747+201.7% | $3,636+127.9% | $2,597+219.1% |
| Participant deferral / active EE | $8,307 | $3,565+133.0% | $4,729+75.7% | $4,028+106.2% |
| Admin fee / account holder | $504 | $5,232-90.4% | $6,412-92.1% | $5,404-90.7% |