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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $26,734 |
Filed as: INDEPENDENT FINANCIAL GROUP, LLC Service code 15 · EIN 71-0927304 | Recordkeeping | $15,042 |
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).
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 | $24,457 | $80,781-69.7% | $102,437-76.1% | $74,478-67.2% |
| Participation rate | 73.9% | 65.7%+8.3pp | 74.5%-0.6pp | 67.2%+6.7pp |
| Annual return | 13.29% | 27.58%-14.3pp | 24.95%-11.7pp | 1370.56%-1357.3pp |
| Employer contribution / active EE | $1,277 | $3,160-59.6% | $3,871-67.0% | $2,626-51.4% |
| Participant deferral / active EE | $3,260 | $3,862-15.6% | $5,060-35.6% | $4,350-25.1% |
| Admin fee / account holder | $236 | $2,372-90.0% | $8,388-97.2% | $1,946-87.9% |