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| Provider | Service type | Compensation |
|---|---|---|
MORGAN STANLEY SMITH BARNEY1+ years Service code 15 · EIN 20-8764829 | Recordkeeping | $20,982 |
ADP BROKER-DEALER1+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $3,245 |
ADP BROKER-DEALER1+ 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $27,289 | $102,429-73.4% | $147,096-81.4% | $80,925-66.3% |
| Participation rate | 44.9% | 75.9%-30.9pp | 82.2%-37.3pp | 67.7%-22.7pp |
| Annual return | 12.25% | 135.02%-122.8pp | 419.75%-407.5pp | 35.65%-23.4pp |
| Employer contribution / active EE | $0 | $3,716-100.0% | $4,936-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $3,229 | $6,649-51.4% | $8,071-60.0% | $4,299-24.9% |
| Admin fee / account holder | $81 | $7,957-99.0% | $13,005-99.4% | $6,940-98.8% |