Filed February 19, 2019 (most recent of 2 filings on file)
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $29,008 |
Service code 15 · EIN 13-5674085 | Recordkeeping | $18,341 |
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $18,438 | $64,286-71.3% | $90,970-79.7% | $73,412-74.9% |
| Participation rate | 96.2% | 63.6%+32.6pp | 69.0%+27.2pp | 72.2%+24.0pp |
| Annual return | 16.29% | 21.46%-5.2pp | 134.60%-118.3pp | 59.30%-43.0pp |
| Employer contribution / active EE | $555 | $895-38.0% | $2,122-73.8% | $2,234-75.2% |
| Participant deferral / active EE | $2,510 | $2,453+2.3% | $3,373-25.6% | $3,806-34.1% |
| Admin fee / account holder | $121 | $287-57.7% | $5,961-98.0% | $158-23.1% |