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| Provider | Service type | Compensation |
|---|---|---|
MELVYN NACHMAN1 year Service code 15 · EIN 26-5624081 | Recordkeeping | $5,910 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $800 |
Annual investment return is in the bottom quintile of the peer cohort.
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).
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 | $17,126 | $73,102-76.6% | $123,552-86.1% | $56,287-69.6% |
| Participation rate | 95.3% | 74.3%+21.0pp | 82.3%+13.0pp | 69.9%+25.5pp |
| Annual return | -9.22% | 3.01%-12.2pp | 119.20%-128.4pp | -9.96%+0.7pp |
| Employer contribution / active EE | $2,704 | $2,977-9.2% | $4,628-41.6% | $2,111+28.1% |
| Participant deferral / active EE | $5,909 | $5,423+9.0% | $6,426-8.0% | $3,350+76.4% |
| Admin fee / account holder | $45 | $554-91.8% | $9,285-99.5% | $521-91.3% |