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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK8+ years Filed as: COMMONWEALTH EQUITY SERVICES, INC. Service code 15 · EIN 04-2675571 | Recordkeeping | $51,541 |
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $8,577 |
ADP BROKER-DEALER8+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Service code 37 · EIN 36-3429599 | Loan Processing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,374 | $46,464-21.7% | $150,298-75.8% | $79,634-54.3% |
| Participation rate | 42.6% | 57.0%-14.4pp | 77.8%-35.2pp | 62.5%-19.9pp |
| Annual return | 16.02% | 27.89%-11.9pp | 62.79%-46.8pp | 36.46%-20.4pp |
| Employer contribution / active EE | $1,025 | $1,512-32.2% | $4,154-75.3% | $2,529-59.5% |
| Participant deferral / active EE | $2,291 | $2,157+6.2% | $5,453-58.0% | $3,835-40.3% |
| Admin fee / account holder | $173 | $891-80.6% | $14,116-98.8% | $1,002-82.7% |