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| Provider | Service type | Compensation |
|---|---|---|
WEI, WEI & CO., LLP1 year Service code 15 · EIN 11-3264561 | Recordkeeping | $20,000 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $4,769 | $57,976-91.8% | $63,005-92.4% | $62,293-92.3% |
| Participation rate | 85.6% | 75.9%+9.7pp | 74.8%+10.8pp | 69.5%+16.1pp |
| Annual return | 14.21% | 17.54%-3.3pp | 87.59%-73.4pp | 28.90%-14.7pp |
| Employer contribution / active EE | $774 | $2,415-68.0% | $2,760-72.0% | $2,042-62.1% |
| Participant deferral / active EE | $79 | $2,956-97.3% | $3,329-97.6% | $3,169-97.5% |
| Admin fee / account holder | $133 | $276-51.7% | $3,599-96.3% | $479-72.2% |