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| Provider | Service type | Compensation |
|---|---|---|
CETERA ADVISOR NETWORKS LLC2 years Service code 15 · EIN 95-3845382 | Recordkeeping | $13,873 |
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $8,798 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,833 | $60,788-24.6% | $85,705-46.5% | $79,389-42.3% |
| Participation rate | 55.8% | 62.1%-6.3pp | 69.9%-14.1pp | 70.7%-14.9pp |
| Annual return | 11.37% | 16.57%-5.2pp | 21.49%-10.1pp | 116.89%-105.5pp |
| Employer contribution / active EE | $660 | $1,664-60.3% | $2,619-74.8% | $2,428-72.8% |
| Participant deferral / active EE | $2,747 | $2,920-5.9% | $3,924-30.0% | $4,046-32.1% |
| Admin fee / account holder | $252 | $439-42.6% | $6,877-96.3% | $626-59.8% |