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| Provider | Service type | Compensation |
|---|---|---|
PRIMARK BENEFITS3 years Service code 13 · EIN 94-2320862 875 MAHLER RD. STE. 105 · BURLINGAME, CA 94010 | Contract Administrator | $33,967 |
SUMMIT WEALTH & RETIREMENT3 years Service code 51 · EIN 68-0291762 1990 N. CALIFORNIA BLVD., SUITE 930 · WALNUT CREEK, CA 94596 | Investment Mgmt Fees | $18,750 |
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 | $64,396 | $73,102-11.9% | $123,553-47.9% | $56,289+14.4% |
| Participation rate | 100.0% | 74.3%+25.7pp | 82.3%+17.7pp | 69.9%+30.1pp |
| Annual return | -6.50% | 3.01%-9.5pp | 119.21%-125.7pp | -9.96%+3.5pp |
| Employer contribution / active EE | $5,673 | $2,977+90.6% | $4,628+22.6% | $2,111+168.7% |
| Participant deferral / active EE | $6,391 | $5,423+17.9% | $6,426-0.5% | $3,350+90.8% |
| Admin fee / account holder | $317 | $554-42.8% | $9,284-96.6% | $521-39.2% |