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| Provider | Service type | Compensation |
|---|---|---|
Filed as: MESIROW FINANCIAL INC Service code 15 · EIN 36-3194849 | Recordkeeping | $6,635 |
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $1,433 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $22,496 | $50,199-55.2% | $69,884-67.8% | $66,938-66.4% |
| Participation rate | 22.2% | 66.3%-44.1pp | 70.5%-48.3pp | 69.8%-47.6pp |
| Annual return | -11.51% | -13.85%+2.3pp | 190.81%-202.3pp | 1.58%-13.1pp |
| Employer contribution / active EE | $0 | $1,864-100.0% | $2,560-100.0% | $2,545-100.0% |
| Participant deferral / active EE | $1,136 | $3,112-63.5% | $3,848-70.5% | $4,238-73.2% |
| Admin fee / account holder | $137 | $600-77.2% | $6,266-97.8% | $594-77.0% |