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| Provider | Service type | Compensation |
|---|---|---|
FIRST CLEARING LLC1+ years Service code 55 · EIN 23-2384840 | Other Commissions | $30,381 |
MILLER KAPLAN ARASE LLP1+ years Filed as: MILLER KAPLAN, ARASE Service code 64 · EIN 95-2036255 | Recordkeeping Fees | $8,500 |
Service code 37 · EIN 04-2647786 | Loan Processing | $225 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $73,490 | $52,911+38.9% | $73,309+0.2% | $59,633+23.2% |
| Participation rate | 73.7% | 68.2%+5.5pp | 74.9%-1.2pp | 68.7%+5.0pp |
| Annual return | -0.82% | 12.20%-13.0pp | 5.67%-6.5pp | 2041.45%-2042.3pp |
| Employer contribution / active EE | $0 | $1,909-100.0% | $3,237-100.0% | $2,203-100.0% |
| Participant deferral / active EE | $9,823 | $4,069+141.4% | $4,991+96.8% | $3,192+207.8% |
| Admin fee / account holder | $55 | $3,835-98.6% | $5,635-99.0% | $4,297-98.7% |