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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER4+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $23,020 |
REDWITZ INC1 year Filed as: REDWITZ, INC Service code 15 · EIN 33-0850406 | Recordkeeping | $19,000 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,622 | $38,967-62.5% | $86,233-83.0% | $79,634-81.6% |
| Participation rate | 20.4% | 34.1%-13.7pp | 69.0%-48.6pp | 62.5%-42.1pp |
| Annual return | 20.18% | 49.90%-29.7pp | 61.39%-41.2pp | 36.46%-16.3pp |
| Employer contribution / active EE | $213 | $868-75.5% | $2,504-91.5% | $2,529-91.6% |
| Participant deferral / active EE | $1,023 | $1,663-38.4% | $4,559-77.6% | $3,835-73.3% |
| Admin fee / account holder | $284 | $2,660-89.3% | $8,342-96.6% | $1,002-71.6% |