Filed October 16, 2017
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $482,782 |
CAPFINANCIAL PARTNERS LLC5 years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 15 · EIN 26-0058143 | Recordkeeping | $50,000 |
DICKINSON WRIGHT PLLC10+ years Service code 15 · EIN 38-1364333 | Recordkeeping | $10,867 |
ADP BROKER-DEALER10+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $65,860 | $129,270-49.1% | $120,344-45.3% | $89,670-26.6% |
| Participation rate | 93.7% | 90.9%+2.9pp | 76.7%+17.0pp | 71.2%+22.6pp |
| Annual return | 4.85% | 12.39%-7.5pp | 20.30%-15.5pp | 19.66%-14.8pp |
| Employer contribution / active EE | $3,770 | $4,468-15.6% | $3,020+24.8% | $4,041-6.7% |
| Participant deferral / active EE | $4,808 | $7,255-33.7% | $5,135-6.4% | $3,962+21.3% |
| Admin fee / account holder | $108 | $124-12.8% | $12,742-99.1% | $352-69.2% |