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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MARTIN R. WEST. III Service code 15 · EIN 26-4560299 | Recordkeeping | $11,411 |
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $8,783 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,492 | $72,639-51.1% | $90,766-60.9% | $66,949-47.0% |
| Participation rate | 54.9% | 73.7%-18.8pp | 75.7%-20.8pp | 69.8%-15.0pp |
| Annual return | -17.07% | -12.28%-4.8pp | -12.16%-4.9pp | 1.57%-18.6pp |
| Employer contribution / active EE | $0 | $2,369-100.0% | $2,922-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $1,466 | $3,979-63.2% | $4,565-67.9% | $4,239-65.4% |
| Admin fee / account holder | $238 | $708-66.4% | $8,446-97.2% | $594-60.0% |