Filed October 5, 2023
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $15,707 |
ADP BROKER-DEALER1+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
RAYMOND JAMES FINANCIAL SERVICES1+ years Filed as: RAYMOND JAMES ASSOCIATES / RAYMOND Service code 49 4 FALLS CORPORATE CTR · CONSHOHOCKEN, PA 19428 | Other Services | $0 |
STATE STREET GLOBAL ADVISORS1+ years Filed as: STATE STREET CORPORATION Service code 21 · EIN 04-1867445 | Bank Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $22,261 | $38,925-42.8% | $73,836-69.9% | $55,191-59.7% |
| Participation rate | 48.4% | 66.0%-17.6pp | 73.4%-25.0pp | 69.2%-20.7pp |
| Annual return | -0.14% | 6.31%-6.4pp | 2268.06%-2268.2pp | 10.78%-10.9pp |
| Employer contribution / active EE | $680 | $1,695-59.9% | $2,787-75.6% | $1,899-64.2% |
| Participant deferral / active EE | $1,706 | $2,351-27.4% | $3,583-52.4% | $3,046-44.0% |
| Admin fee / account holder | $53 | $83-36.6% | $4,882-98.9% | $91-42.1% |