| Provider | Service type | Compensation |
|---|---|---|
Filed as: THE PRUDENTIAL INSURANCE COMPANY OF Service code 15 · EIN 22-1211670 | Recordkeeping | $783,241 |
ZENITH AMERICAN SOLUTIONS7 years Service code 13 · EIN 52-1590516 | Contract Administrator | $724,100 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 15 · EIN 06-1050034 | Recordkeeping | $634,234 |
MORGAN STANLEY SMITH BARNEY6 years Filed as: MORGAN LEWIS BOCKIUS LLP Service code 29 · EIN 23-0891050 | Legal | $435,928 |
Service code 19 · EIN 06-1050034 | Securities Custodian | $280,562 |
WITHUMSMITH+BROWN, PC2 years Service code 10 · EIN 22-2027092 | Accounting | $276,071 |
ALAN BILLER & ASSOCIATES6 years Filed as: ALAN D BILLER ASSOCIATES Service code 27 535 MIDDLEFIELD ROAD · MELON PARK, CA 94025 | Advisory (Plan) | $52,500 |
Filed as: PRUDENTIAL INVESTMENT MANAGEMENT SE Service code 50 · EIN 13-4122960 | Direct Payment | $37,005 |
Filed as: INTERNATIONAL BROTHER OF TEAMSTERS Service code 35 · EIN 53-0215427 | Employee (plan sponsor); Direct payme... | $21,319 |
FEINBERG, DUMONT & BRENNAN2 years Filed as: FEINBERG DUMONT BRENNAN Service code 29 177 MILK STREET · BOSTON, MA 02109 | Legal | $15,871 |
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.
Annual investment return 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 | $47,250 | $119,999-60.6% | $70,589-33.1% | $96,393-51.0% |
| Participation rate | 10.2% | 66.2%-56.0pp | 68.4%-58.2pp | 71.3%-61.1pp |
| Annual return | 14.92% | 20.36%-5.4pp | 32.80%-17.9pp | 22.88%-8.0pp |
| Employer contribution / active EE | $225 | $4,602-95.1% | $2,977-92.4% | $3,239-93.1% |
| Participant deferral / active EE | $468 | $4,604-89.8% | $4,569-89.7% | $5,455-91.4% |
| Admin fee / account holder | $105 | $95+10.8% | $6,430-98.4% | $74+41.8% |