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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $4,525 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
MORGAN STANLEY SMITH BARNEY2+ years Service code 49 201 E PINE ST STE 1100 · ORLANDO, FL 32801 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $24,373 | $37,044-34.2% | $71,796-66.1% | $57,658-57.7% |
| Participation rate | 63.0% | 61.1%+1.9pp | 69.1%-6.1pp | 70.2%-7.2pp |
| Annual return | 8.07% | 12.64%-4.6pp | 78.04%-70.0pp | 5.13%+2.9pp |
| Employer contribution / active EE | $747 | $720+3.8% | $1,924-61.2% | $1,974-62.1% |
| Participant deferral / active EE | $2,295 | $1,974+16.3% | $2,794-17.9% | $3,061-25.0% |
| Admin fee / account holder | $20 | $101-80.0% | $4,815-99.6% | $95-78.6% |