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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK1+ years Filed as: COMMONWEALTH EQUITY SERVICES, INC. Service code 15 · EIN 04-2675571 | Recordkeeping | $10,517 |
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $3,190 |
ADP BROKER-DEALER1+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
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 | $13,265 | $50,666-73.8% | $76,667-82.7% | $65,186-79.7% |
| Participation rate | 78.2% | 68.8%+9.4pp | 72.1%+6.1pp | 70.2%+8.0pp |
| Annual return | 38.20% | 28.51%+9.7pp | 1166.74%-1128.5pp | 29.39%+8.8pp |
| Employer contribution / active EE | $0 | $1,575-100.0% | $2,303-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $3,314 | $2,647+25.2% | $3,336-0.7% | $3,514-5.7% |
| Admin fee / account holder | $83 | $463-82.2% | $6,423-98.7% | $847-90.3% |