| Provider | Service type | Compensation |
|---|---|---|
Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15 · EIN 22-1211670 | Recordkeeping | $3,328,164 |
Service code 19 · EIN 06-1050034 | Securities Custodian | $1,734,866 |
ZENITH AMERICAN SOLUTIONS4 years Service code 13 · EIN 52-1590516 | Contract Administrator | $668,400 |
WITHUMSMITH+BROWN, PC1 year Filed as: WITHUMSMITHBROWN PC Service code 10 · EIN 22-2027092 | Accounting | $187,953 |
MORGAN STANLEY SMITH BARNEY3 years Filed as: MORGAN LEWIS BOCKIUS LLP Service code 29 · EIN 23-0891050 | Legal | $167,255 |
ALAN BILLER & ASSOCIATES3 years Filed as: ALAN D BILLER ASSOCIATES Service code 27 535 MIDDLEFIELD ROAD · MELON PARK, CA 94025 | Advisory (Plan) | $87,500 |
Filed as: PRUDENTIAL INVESTMENT MANAGEMENT SE Service code 50 · EIN 13-4122960 | Direct Payment | $63,100 |
BEINS, AXELROD P.C.3 years Filed as: BEINS AXELROD PC Service code 29 · EIN 52-1713905 | Legal | $47,365 |
O'DWYER & BERNSTEIN, LLP4 years Filed as: O'DWYER BERNSTEIN LLP Service code 29 · EIN 13-0528665 | Legal | $35,280 |
Filed as: PRUDENTIAL INVESTMENT MANAGEMENT SR Service code 63 | 12b-1 Fees | $4,190 |
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.
Employer 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).
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 | $41,223 | $123,048-66.5% | $81,988-49.7% | $106,273-61.2% |
| Participation rate | 19.4% | 65.1%-45.7pp | 69.3%-49.9pp | 70.8%-51.4pp |
| Annual return | 14.66% | 14.83%-0.2pp | 41.32%-26.7pp | 21.70%-7.0pp |
| Employer contribution / active EE | $234 | $3,893-94.0% | $2,499-90.7% | $2,722-91.4% |
| Participant deferral / active EE | $457 | $4,168-89.0% | $3,723-87.7% | $4,601-90.1% |
| Admin fee / account holder | $189 | $116+62.2% | $5,666-96.7% | $78+140.7% |