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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $9,573 |
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
GWN SECURITIES, INC5+ years 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.
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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,153 | $41,617-82.8% | $84,637-91.5% | $77,775-90.8% |
| Participation rate | 17.2% | 45.0%-27.8pp | 68.2%-51.0pp | 73.2%-56.0pp |
| Annual return | 29.24% | 24.97%+4.3pp | 258.82%-229.6pp | 32.58%-3.3pp |
| Employer contribution / active EE | $0 | $1,061-100.0% | $2,653-100.0% | $2,504-100.0% |
| Participant deferral / active EE | $366 | $2,129-82.8% | $3,900-90.6% | $3,966-90.8% |
| Admin fee / account holder | $16 | $121-86.4% | $4,914-99.7% | $100-83.5% |