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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $990 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
MORGAN STANLEY SMITH BARNEY3+ years Service code 49 301 CONGRESS STE 1400 · AUSTIN, TX 78701 | Other Services | $0 |
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $25,107 | $47,848-47.5% | $81,473-69.2% | $70,126-64.2% |
| Participation rate | 54.9% | 58.3%-3.4pp | 68.0%-13.1pp | 69.5%-14.7pp |
| Annual return | 17.04% | 27.25%-10.2pp | 38.78%-21.7pp | 73.15%-56.1pp |
| Employer contribution / active EE | $0 | $1,527-100.0% | $2,568-100.0% | $2,343-100.0% |
| Participant deferral / active EE | $3,057 | $2,453+24.6% | $3,537-13.6% | $3,332-8.2% |
| Admin fee / account holder | $9 | $3,145-99.7% | $4,561-99.8% | $4,645-99.8% |