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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $600 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO ADVISORS WACHOVIA SECUR Service code 49 1501 WEST SWANN AVE · TAMPA, FL 33606 | 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).
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 | $26,154 | $59,535-56.1% | $90,161-71.0% | $62,293-58.0% |
| Participation rate | 56.3% | 73.0%-16.8pp | 76.9%-20.6pp | 69.5%-13.2pp |
| Annual return | 26.98% | 23.53%+3.5pp | 34.89%-7.9pp | 28.90%-1.9pp |
| Employer contribution / active EE | $1,616 | $1,826-11.5% | $3,318-51.3% | $2,042-20.9% |
| Participant deferral / active EE | $5,032 | $4,639+8.5% | $5,287-4.8% | $3,169+58.8% |
| Admin fee / account holder | $3 | $337-99.1% | $5,943-100.0% | $479-99.4% |