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| Provider | Service type | Compensation |
|---|---|---|
ASCENSUS LLC3+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $17,231 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $67,664 | $44,059+53.6% | $71,671-5.6% | $69,631-2.8% |
| Participation rate | 35.1% | 60.8%-25.7pp | 68.7%-33.7pp | 70.7%-35.6pp |
| Annual return | 14.76% | 21.97%-7.2pp | 20.65%-5.9pp | 27571.02%-27556.3pp |
| Employer contribution / active EE | $772 | $1,305-40.8% | $2,460-68.6% | $2,032-62.0% |
| Participant deferral / active EE | $1,741 | $2,370-26.5% | $3,438-49.4% | $3,224-46.0% |
| Admin fee / account holder | $124 | $108+14.7% | $5,558-97.8% | $110+11.9% |