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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $67,220 |
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.
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 | $40,480 | $76,172-46.9% | $81,353-50.2% | $199,960-79.8% |
| Participation rate | 47.5% | 76.2%-28.7pp | 69.5%-22.0pp | 72.0%-24.4pp |
| Annual return | 0.00% | 15.59%-15.6pp | 24.82%-24.8pp | 34.28%-34.3pp |
| Employer contribution / active EE | $1,193 | $2,800-57.4% | $2,464-51.6% | $3,036-60.7% |
| Participant deferral / active EE | $2,500 | $4,200-40.5% | $3,885-35.6% | $5,087-50.9% |
| Admin fee / account holder | $82 | $146-43.7% | $5,766-98.6% | $269-69.5% |