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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,053 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
GWN SECURITIES, INC1 year Filed as: GWN SECURITIES INC Service code 49 PO BOX 112114 · NAPLES, FL 34108 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,748 | $43,717-68.6% | $81,473-83.1% | $77,958-82.4% |
| Participation rate | 7.3% | 42.5%-35.2pp | 68.0%-60.6pp | 71.6%-64.3pp |
| Annual return | 33.59% | 23.83%+9.8pp | 38.78%-5.2pp | 20.87%+12.7pp |
| Employer contribution / active EE | $0 | $919-100.0% | $2,568-100.0% | $2,310-100.0% |
| Participant deferral / active EE | $266 | $1,783-85.1% | $3,537-92.5% | $3,537-92.5% |
| Admin fee / account holder | $11 | $108-89.5% | $4,561-99.8% | $97-88.3% |