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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $32,163 |
MORGAN STANLEY SMITH BARNEY1+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 26 1585 BROADWAY · NEW YORK, NY 10019 | Advisory (Participants) | $12,862 |
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 | $16,496 | $57,435-71.3% | $105,218-84.3% | $55,191-70.1% |
| Participation rate | 86.4% | 71.3%+15.1pp | 77.2%+9.2pp | 69.2%+17.3pp |
| Annual return | 2.67% | 2.97%-0.3pp | 5.33%-2.7pp | 10.78%-8.1pp |
| Employer contribution / active EE | $470 | $1,920-75.5% | $3,255-85.6% | $1,899-75.3% |
| Participant deferral / active EE | $2,981 | $3,495-14.7% | $4,867-38.7% | $3,046-2.1% |
| Admin fee / account holder | $125 | $70+77.3% | $6,992-98.2% | $91+37.4% |