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| Provider | Service type | Compensation |
|---|---|---|
MERRILL LYNCH PIERCE FENNER & SMITH10+ years Service code 15 · EIN 13-5674085 | Recordkeeping | $41,765 |
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $26,913 |
WEINSTEIN ZUGMAN, LLC2 years Filed as: WEINSTEIN SPIRA & COMPANY P.C Service code 15 · EIN 74-2181616 | Recordkeeping | $20,000 |
ADP BROKER-DEALER10+ 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 | $146,871 | $79,169+85.5% | $100,415+46.3% | $74,478+97.2% |
| Participation rate | 61.4% | 79.4%-18.0pp | 81.5%-20.2pp | 67.2%-5.9pp |
| Annual return | 18.67% | 20.51%-1.8pp | 49.47%-30.8pp | 1370.56%-1351.9pp |
| Employer contribution / active EE | $2,729 | $3,017-9.5% | $3,943-30.8% | $2,626+3.9% |
| Participant deferral / active EE | $5,503 | $7,751-29.0% | $8,091-32.0% | $4,350+26.5% |
| Admin fee / account holder | $454 | $1,337-66.0% | $7,906-94.3% | $1,946-76.7% |