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| Provider | Service type | Compensation |
|---|---|---|
MERIT FINANCIAL GROUP, LLC2 years Service code 15 · EIN 45-3686413 | Recordkeeping | $34,406 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $33,033 |
ADP BROKER-DEALER3 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $38,875 | $91,517-57.5% | $101,271-61.6% | $73,412-47.0% |
| Participation rate | 69.6% | 73.8%-4.2pp | 75.8%-6.2pp | 72.2%-2.6pp |
| Annual return | 20.84% | 17.17%+3.7pp | 46.48%-25.6pp | 59.30%-38.5pp |
| Employer contribution / active EE | $2,819 | $2,877-2.0% | $3,660-23.0% | $2,234+26.2% |
| Participant deferral / active EE | $5,885 | $3,338+76.3% | $4,371+34.6% | $3,806+54.6% |
| Admin fee / account holder | $222 | $216+2.8% | $5,948-96.3% | $158+40.5% |