Filed October 4, 2024 (most recent of 3 filings on file)
Total covered: 9 employees
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $9,418 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
MORGAN STANLEY SMITH BARNEY2+ years Filed as: MORGAN STANLEY SMITH BARNEY LLC Service code 15 · EIN 26-4310632 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $36,614 | $39,859-8.1% | $78,676-53.5% | $57,658-36.5% |
| Participation rate | 66.6% | 66.1%+0.5pp | 73.6%-7.0pp | 70.2%-3.7pp |
| Annual return | 55.29% | 18.96%+36.3pp | 62.19%-6.9pp | 5.13%+50.2pp |
| Employer contribution / active EE | $1,685 | $1,786-5.6% | $2,850-40.9% | $1,974-14.6% |
| Participant deferral / active EE | $3,597 | $2,248+60.0% | $3,517+2.3% | $3,061+17.5% |
| Admin fee / account holder | $35 | $76-54.4% | $4,510-99.2% | $95-63.2% |