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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.2+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $7,836 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $29,032 | $25,723+12.9% | $69,182-58.0% | $55,167-47.4% |
| Participation rate | 29.9% | 39.4%-9.5pp | 55.1%-25.2pp | 69.0%-39.1pp |
| Annual return | 5.79% | 9.56%-3.8pp | -21.93%+27.7pp | 169.23%-163.4pp |
| Employer contribution / active EE | $235 | $480-51.2% | $1,206-80.6% | $1,963-88.0% |
| Participant deferral / active EE | $615 | $963-36.2% | $1,897-67.6% | $3,054-79.9% |
| Admin fee / account holder | $98 | $365-73.2% | $2,697-96.4% | $504-80.6% |