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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $675 |
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984 | Other Services | $0 |
Filed as: CETERA ADVISOR NETWORKS Service code 49 701 4TH AVENUE SOUTH · MINNEAPOLIS, MN 55415 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $17,609 | $50,175-64.9% | $99,475-82.3% | $65,185-73.0% |
| Participation rate | 55.8% | 68.4%-12.6pp | 73.8%-18.0pp | 70.2%-14.4pp |
| Annual return | 24.14% | 25.36%-1.2pp | 30.72%-6.6pp | 29.38%-5.2pp |
| Employer contribution / active EE | $1,780 | $1,496+19.0% | $2,540-29.9% | $2,177-18.2% |
| Participant deferral / active EE | $1,710 | $2,748-37.8% | $3,619-52.7% | $3,514-51.3% |
| Admin fee / account holder | $4 | $398-99.0% | $6,252-99.9% | $847-99.5% |