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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,275 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS Service code 49 1501 WEST SWANN AVE · TAMPA, FL 33606 | 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 | $19,638 | $51,244-61.7% | $80,977-75.7% | $55,167-64.4% |
| Participation rate | 71.4% | 71.7%-0.3pp | 75.8%-4.4pp | 69.0%+2.4pp |
| Annual return | 21.35% | 17.39%+4.0pp | 17.11%+4.2pp | 169.23%-147.9pp |
| Employer contribution / active EE | $1,648 | $1,770-6.9% | $3,715-55.6% | $1,963-16.0% |
| Participant deferral / active EE | $5,158 | $4,418+16.8% | $5,696-9.4% | $3,054+68.9% |
| Admin fee / account holder | $8 | $398-98.1% | $5,517-99.9% | $504-98.5% |