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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $33,775 |
Service code 15 · EIN 45-3686413 | Recordkeeping | $6,999 |
Service code 15 · EIN 90-0839460 | Recordkeeping | $6,252 |
ADP BROKER-DEALER2 years Service code 49 · EIN 22-3319984 | Other Services | $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 | $31,676 | $66,601-52.4% | $92,903-65.9% | $67,579-53.1% |
| Participation rate | 69.7% | 72.5%-2.8pp | 76.0%-6.3pp | 71.3%-1.6pp |
| Annual return | 29.75% | 92.58%-62.8pp | 109.43%-79.7pp | 378.56%-348.8pp |
| Employer contribution / active EE | $2,826 | $2,775+1.8% | $3,653-22.6% | $2,148+31.6% |
| Participant deferral / active EE | $5,907 | $3,157+87.1% | $4,238+39.4% | $3,539+66.9% |
| Admin fee / account holder | $199 | $199+0.1% | $5,795-96.6% | $142+39.9% |