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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH11+ years Service code 15 · EIN 13-5674085 | Recordkeeping | $49,454 |
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $24,509 |
WEINSTEIN ZUGMAN, LLC3 years Filed as: WEINSTEIN SPIRA & COMPANY P.C Service code 15 · EIN 74-2181616 | Recordkeeping | $20,000 |
ADP BROKER-DEALER11+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $169,410 | $82,879+104.4% | $96,576+75.4% | $67,986+149.2% |
| Participation rate | 61.0% | 75.2%-14.1pp | 81.4%-20.4pp | 57.2%+3.8pp |
| Annual return | 16.66% | 36.90%-20.2pp | 38.47%-21.8pp | 31.67%-15.0pp |
| Employer contribution / active EE | $2,707 | $2,727-0.8% | $3,553-23.8% | $2,019+34.1% |
| Participant deferral / active EE | $5,541 | $6,976-20.6% | $7,956-30.4% | $3,358+65.0% |
| Admin fee / account holder | $470 | $2,783-83.1% | $11,381-95.9% | $3,203-85.3% |