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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $916 |
ADP BROKER-DEALER2 years Service code 49 · EIN 22-3319984 | Other Services | $0 |
SUMMIT EQUITIES, INC.1 year Filed as: SUMMIT EQUITIES INC Service code 49 117 WASHINGTON AVE · HOBOKEN, NJ 07030 | Other Services | $0 |
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 | $576 | $31,388-98.2% | $73,550-99.2% | $62,293-99.1% |
| Participation rate | 81.7% | 39.9%+41.9pp | 54.9%+26.8pp | 69.5%+12.2pp |
| Annual return | 23.15% | 25.34%-2.2pp | -15.16%+38.3pp | 28.90%-5.7pp |
| Employer contribution / active EE | $0 | $498-100.0% | $1,219-100.0% | $2,042-100.0% |
| Participant deferral / active EE | $707 | $1,028-31.2% | $1,804-60.8% | $3,169-77.7% |
| Admin fee / account holder | $2 | $299-99.2% | $2,320-99.9% | $479-99.5% |