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| Provider | Service type | Compensation |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES LLC Service code 14 · EIN 04-3532603 | Plan Administrator | $53,779 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $23,911 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,168 | $65,960+10.9% | $81,882-10.6% | $77,762-5.9% |
| Participation rate | 52.6% | 65.8%-13.1pp | 72.4%-19.8pp | 70.6%-18.0pp |
| Annual return | 11.35% | 26.64%-15.3pp | 779.47%-768.1pp | 31.27%-19.9pp |
| Employer contribution / active EE | $1,628 | $2,375-31.5% | $2,916-44.2% | $2,728-40.3% |
| Participant deferral / active EE | $3,467 | $3,505-1.1% | $4,323-19.8% | $4,651-25.5% |
| Admin fee / account holder | $409 | $526-22.3% | $7,360-94.4% | $433-5.5% |