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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $9,055 |
Filed as: LINCOLN FINANCIAL ADVISORS Service code 15 · EIN 35-1151034 | Recordkeeping | $7,561 |
ADP BROKER-DEALER1 year Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $103,999 | $69,305+50.1% | $82,312+26.3% | $69,631+49.4% |
| Participation rate | 86.9% | 80.3%+6.6pp | 76.9%+10.0pp | 70.7%+16.2pp |
| Annual return | 14.77% | 21.47%-6.7pp | 25.88%-11.1pp | 27571.02%-27556.3pp |
| Employer contribution / active EE | $4,427 | $1,887+134.7% | $2,428+82.3% | $2,032+117.9% |
| Participant deferral / active EE | $2,734 | $3,568-23.4% | $3,706-26.2% | $3,224-15.2% |
| Admin fee / account holder | $309 | $97+217.5% | $5,608-94.5% | $110+179.4% |