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| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $56,702 |
BGW WEALTH ADVISORS LLC2 years Service code 27 · EIN 56-2219582 | Advisory (Plan) | $40,290 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,108 | $45,031-46.5% | $85,009-71.6% | $77,671-69.0% |
| Participation rate | 64.9% | 48.7%+16.2pp | 67.5%-2.6pp | 70.6%-5.7pp |
| Annual return | 13.28% | 79.22%-65.9pp | 66.47%-53.2pp | 31.21%-17.9pp |
| Employer contribution / active EE | $1,026 | $1,609-36.2% | $2,728-62.4% | $2,726-62.4% |
| Participant deferral / active EE | $2,739 | $2,807-2.4% | $4,522-39.4% | $4,648-41.1% |
| Admin fee / account holder | $126 | $912-86.2% | $6,153-98.0% | $430-70.8% |