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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,825 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
SUMMIT FINANCIAL CORPORATION2+ years Filed as: SUMMIT BROKERAGE SERVICES Service code 49 409 E MONUMENT AVE · DAYTON, OH 45402 | Other Services | $0 |
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 | $14,572 | $46,732-68.8% | $156,551-90.7% | $55,167-73.6% |
| Participation rate | 97.7% | 65.8%+31.9pp | 84.0%+13.7pp | 69.0%+28.7pp |
| Annual return | 25.02% | 17.72%+7.3pp | 32.23%-7.2pp | 169.23%-144.2pp |
| Employer contribution / active EE | $2,052 | $2,105-2.5% | $5,501-62.7% | $1,963+4.6% |
| Participant deferral / active EE | $4,569 | $2,204+107.3% | $4,871-6.2% | $3,054+49.6% |
| Admin fee / account holder | $6 | $418-98.5% | $13,028-100.0% | $504-98.7% |