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| Provider | Service type | Compensation |
|---|---|---|
THE VANGUARD GROUP, INC.3+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $8,575 |
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 | $37,687 | $31,388+20.1% | $73,550-48.8% | $62,293-39.5% |
| Participation rate | 27.8% | 39.9%-12.0pp | 54.9%-27.1pp | 69.5%-41.7pp |
| Annual return | 17.72% | 25.34%-7.6pp | -15.16%+32.9pp | 28.90%-11.2pp |
| Employer contribution / active EE | $376 | $498-24.6% | $1,219-69.2% | $2,042-81.6% |
| Participant deferral / active EE | $636 | $1,028-38.1% | $1,804-64.7% | $3,169-79.9% |
| Admin fee / account holder | $103 | $299-65.5% | $2,320-95.5% | $479-78.4% |