Filed July 7, 2021
Total covered: 12 employees
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $17,039 |
Filed as: GALLAGHER BENEFIT SERVICES Service code 15 · EIN 36-4291971 | Recordkeeping | $9,691 |
ADP BROKER-DEALER1 year Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $30,271 | $65,061-53.5% | $143,757-78.9% | $66,914-54.8% |
| Participation rate | 100.0% | 65.2%+34.8pp | 80.3%+19.7pp | 69.8%+30.2pp |
| Annual return | -15.89% | -11.14%-4.7pp | -0.04%-15.8pp | 1.58%-17.5pp |
| Employer contribution / active EE | $2,816 | $2,361+19.3% | $4,951-43.1% | $2,544+10.7% |
| Participant deferral / active EE | $5,155 | $2,919+76.6% | $5,637-8.6% | $4,237+21.7% |
| Admin fee / account holder | $122 | $502-75.7% | $14,673-99.2% | $593-79.4% |