Filed July 7, 2021
Total covered: 12 employees
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $47,951 |
Filed as: GALLAGHER BENEFIT SERVICES Service code 15 · EIN 36-4291971 | Recordkeeping | $28,166 |
ADP BROKER-DEALER3 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,755 | $55,423-28.3% | $155,602-74.5% | $74,400-46.6% |
| Participation rate | 98.3% | 61.9%+36.4pp | 78.2%+20.1pp | 67.2%+31.1pp |
| Annual return | 13.09% | 269.07%-256.0pp | 64.81%-51.7pp | 1367.51%-1354.4pp |
| Employer contribution / active EE | $3,815 | $2,266+68.4% | $4,675-18.4% | $2,624+45.4% |
| Participant deferral / active EE | $5,901 | $2,835+108.2% | $5,629+4.8% | $4,348+35.7% |
| Admin fee / account holder | $202 | $1,744-88.4% | $15,923-98.7% | $1,944-89.6% |