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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 | $65,946+11.0% | $81,783-10.5% | $77,671-5.8% |
| Participation rate | 52.6% | 65.8%-13.2pp | 72.4%-19.7pp | 70.6%-17.9pp |
| Annual return | 11.35% | 26.65%-15.3pp | 775.05%-763.7pp | 31.21%-19.9pp |
| Employer contribution / active EE | $1,628 | $2,371-31.4% | $2,913-44.1% | $2,726-40.3% |
| Participant deferral / active EE | $3,467 | $3,507-1.1% | $4,320-19.7% | $4,648-25.4% |
| Admin fee / account holder | $409 | $527-22.4% | $7,380-94.5% | $430-5.0% |