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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $21,870 |
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 15 · EIN 13-5674085 | Recordkeeping | $20,527 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $104,346 | $65,592+59.1% | $90,161+15.7% | $69,631+49.9% |
| Participation rate | 67.2% | 77.6%-10.4pp | 76.9%-9.7pp | 70.7%-3.5pp |
| Annual return | 12.06% | 57.10%-45.0pp | 34.89%-22.8pp | 27571.02%-27559.0pp |
| Employer contribution / active EE | $0 | $2,193-100.0% | $3,318-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $4,402 | $5,257-16.3% | $5,287-16.7% | $3,224+36.6% |
| Admin fee / account holder | $164 | $86+91.9% | $5,943-97.2% | $110+48.9% |