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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 95-3845382 | Recordkeeping | $9,308 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $6,854 |
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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $36,925 | $55,636-33.6% | $81,982-55.0% | $73,497-49.8% |
| Participation rate | 56.8% | 62.3%-5.5pp | 69.3%-12.4pp | 70.7%-13.8pp |
| Annual return | 82.83% | 19.07%+63.8pp | 41.31%+41.5pp | 28.51%+54.3pp |
| Employer contribution / active EE | $344 | $1,625-78.8% | $2,498-86.2% | $2,270-84.9% |
| Participant deferral / active EE | $1,997 | $2,762-27.7% | $3,722-46.4% | $3,740-46.6% |
| Admin fee / account holder | $178 | $493-64.0% | $5,665-96.9% | $513-65.4% |