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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,150 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
MORGAN STANLEY SMITH BARNEY3+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 | Recordkeeping | $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 | $44,126 | $80,753-45.4% | $136,298-67.6% | $62,293-29.2% |
| Participation rate | 40.3% | 73.5%-33.2pp | 81.9%-41.6pp | 69.5%-29.2pp |
| Annual return | 22.71% | 35.83%-13.1pp | 5156.27%-5133.6pp | 28.90%-6.2pp |
| Employer contribution / active EE | $890 | $2,884-69.1% | $4,696-81.0% | $2,042-56.4% |
| Participant deferral / active EE | $5,624 | $5,164+8.9% | $6,247-10.0% | $3,169+77.5% |
| Admin fee / account holder | $15 | $525-97.2% | $9,244-99.8% | $479-96.9% |