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| Provider | Service type | Compensation |
|---|---|---|
GEORGE W. TEATS, JR., CPA2 years Service code 10 · EIN 26-1557474 | Accounting | $9,975 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $152 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $123,845 | $77,817+59.1% | $123,553+0.2% | $64,173+93.0% |
| Participation rate | 100.0% | 74.7%+25.3pp | 82.3%+17.7pp | 69.6%+30.4pp |
| Annual return | -7.24% | 12.49%-19.7pp | 119.21%-126.4pp | 7.63%-14.9pp |
| Employer contribution / active EE | $8,105 | $3,014+168.9% | $4,628+75.1% | $2,381+240.4% |
| Participant deferral / active EE | $6,945 | $5,240+32.5% | $6,426+8.1% | $3,470+100.2% |
| Admin fee / account holder | $1,488 | $5,519-73.0% | $9,284-84.0% | $4,887-69.6% |