Filed December 15, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $19,330 |
Filed as: CAMBRIDGE INVESTMENT RESEARCH, INC. Service code 15 · EIN 42-1445429 | Recordkeeping | $11,155 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,188 | $58,879-62.3% | $178,490-87.6% | $73,488-69.8% |
| Participation rate | 87.7% | 66.2%+21.4pp | 81.9%+5.7pp | 70.7%+17.0pp |
| Annual return | 11.27% | 24.86%-13.6pp | 151.07%-139.8pp | 28.51%-17.2pp |
| Employer contribution / active EE | $2,378 | $2,236+6.3% | $5,011-52.5% | $2,270+4.7% |
| Participant deferral / active EE | $1,803 | $2,567-29.8% | $5,202-65.3% | $3,740-51.8% |
| Admin fee / account holder | $171 | $400-57.2% | $13,984-98.8% | $513-66.6% |