Filed April 3, 2019
Total covered: 137 employees
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $51,700 |
ADP BROKER-DEALER1+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $97,338 | $67,505+44.2% | $73,309+32.8% | $67,505+44.2% |
| Participation rate | 96.6% | 71.2%+25.4pp | 74.9%+21.7pp | 71.2%+25.4pp |
| Annual return | 2.28% | 6.52%-4.2pp | 5.67%-3.4pp | 6.52%-4.2pp |
| Employer contribution / active EE | $3,448 | $2,173+58.7% | $3,237+6.5% | $2,173+58.7% |
| Participant deferral / active EE | $6,985 | $3,597+94.2% | $4,991+40.0% | $3,597+94.2% |
| Admin fee / account holder | $10 | $56-81.7% | $5,635-99.8% | $56-81.7% |