| Provider | Service type | Compensation |
|---|---|---|
SLC MANAGEMENT2+ years Filed as: SUNLIFE OF CANADA Service code 15 | Recordkeeping | $632,202 |
NORTHERN TRUST COMPANY2+ years Filed as: NORTHERN TRUST Service code 18 | Custodial (other than securities); Cu... | $25,808 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
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 | $130,042 | $46,877+177.4% | $122,354+6.3% | $70,126+85.4% |
| Participation rate | 100.0% | 58.2%+41.8pp | 71.6%+28.4pp | 69.5%+30.5pp |
| Annual return | 8.85% | 24.22%-15.4pp | 30.28%-21.4pp | 73.15%-64.3pp |
| Employer contribution / active EE | $0 | $1,288-100.0% | $4,051-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $0 | $2,167-100.0% | $3,287-100.0% | $3,332-100.0% |
| Admin fee / account holder | $391 | $3,324-88.2% | $5,479-92.9% | $4,646-91.6% |