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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $20,740 |
LPL FINANCIAL2+ years Filed as: FINANCIAL ADVOCATES INVESTMENT MGMT Service code 15 · EIN 27-0435466 | Recordkeeping | $10,381 |
ADP BROKER-DEALER2+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $21,725 | $80,177-72.9% | $123,894-82.5% | $57,658-62.3% |
| Participation rate | 50.0% | 74.4%-24.4pp | 81.4%-31.4pp | 70.2%-20.2pp |
| Annual return | 9.42% | 17.90%-8.5pp | 47.52%-38.1pp | 5.13%+4.3pp |
| Employer contribution / active EE | $662 | $2,913-77.3% | $4,617-85.7% | $1,974-66.5% |
| Participant deferral / active EE | $3,072 | $5,130-40.1% | $5,984-48.7% | $3,061+0.4% |
| Admin fee / account holder | $198 | $106+85.9% | $8,357-97.6% | $95+109.0% |