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| Provider | Service type | Compensation |
|---|---|---|
COMMONWEALTH FINANCIAL NETWORK2+ years Filed as: COMMONWEALTH EQUITY SERVICES, INC. Service code 15 · EIN 04-2675571 | Recordkeeping | $27,909 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $26,321 |
ADP BROKER-DEALER2+ 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.
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 | $12,794 | $33,232-61.5% | $71,796-82.2% | $63,975-80.0% |
| Participation rate | 70.6% | 60.1%+10.5pp | 69.1%+1.5pp | 71.1%-0.6pp |
| Annual return | 196.79% | 11.99%+184.8pp | 78.04%+118.8pp | 48.65%+148.1pp |
| Employer contribution / active EE | $203 | $723-71.9% | $1,924-89.4% | $2,182-90.7% |
| Participant deferral / active EE | $1,372 | $1,604-14.5% | $2,794-50.9% | $3,356-59.1% |
| Admin fee / account holder | $25 | $63-60.0% | $4,815-99.5% | $70-63.9% |