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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $31,300 |
ADP BROKER-DEALER7+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Filed as: LOCKTON INVESTMENT SECURITIES, LLC 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.
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 | $8,880 | $45,719-80.6% | $96,171-90.8% | $93,010-90.5% |
| Participation rate | 17.8% | 45.8%-28.1pp | 68.4%-50.7pp | 73.9%-56.1pp |
| Annual return | 14.63% | 3211.95%-3197.3pp | 192.04%-177.4pp | 158.70%-144.1pp |
| Employer contribution / active EE | $0 | $1,139-100.0% | $2,799-100.0% | $2,705-100.0% |
| Participant deferral / active EE | $519 | $2,344-77.9% | $4,350-88.1% | $4,561-88.6% |
| Admin fee / account holder | $40 | $128-68.9% | $5,538-99.3% | $152-73.8% |