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| Provider | Service type | Compensation |
|---|---|---|
FIRST LIGHT RETIREMENT LLC3 years Filed as: FIRST LIGHT RETIREMENT, LLC Service code 27 · EIN 86-3483132 1330 CAMINO DEL MAR · DEL MAR, CA 92014 | Advisory (Plan) | $23,969 |
THE VANGUARD GROUP, INC.4 years Filed as: THE VANGUARD GROUP Service code 37 · EIN 23-1945930 | Loan Processing | $18,458 |
MATRANGA & COMPANY5 years Service code 10 · EIN 20-1147648 | Accounting | $9,000 |
Service code 14 · EIN 33-0461574 | Plan Administrator | $6,538 |
ASCENSUS LLC4 years Filed as: ASCENSUS Service code 37 · EIN 11-3665754 | Loan Processing | $447 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $107,974 | $44,984+140.0% | $85,009+27.0% | $74,546+44.8% |
| Participation rate | 100.0% | 49.4%+50.6pp | 67.5%+32.5pp | 67.2%+32.8pp |
| Annual return | 14.04% | 26.25%-12.2pp | 66.47%-52.4pp | 1366.03%-1352.0pp |
| Employer contribution / active EE | $1,961 | $1,458+34.5% | $2,728-28.1% | $2,624-25.3% |
| Participant deferral / active EE | $3,688 | $2,733+34.9% | $4,522-18.4% | $4,347-15.2% |
| Admin fee / account holder | $386 | $2,208-82.5% | $6,153-93.7% | $1,944-80.1% |