Filed September 11, 2023 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
401K ADVISORS INC2+ years Service code 15 · EIN 33-0905143 | Recordkeeping | $15,010 |
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $9,608 |
ADP BROKER-DEALER2+ 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.
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 | $7,639 | $37,213-79.5% | $156,551-95.1% | $63,975-88.1% |
| Participation rate | 55.6% | 65.0%-9.4pp | 84.0%-28.4pp | 71.1%-15.5pp |
| Annual return | 9.70% | 47.89%-38.2pp | 32.23%-22.5pp | 48.65%-39.0pp |
| Employer contribution / active EE | $229 | $1,357-83.1% | $5,501-95.8% | $2,182-89.5% |
| Participant deferral / active EE | $807 | $2,070-61.0% | $4,871-83.4% | $3,356-75.9% |
| Admin fee / account holder | $17 | $56-69.6% | $13,028-99.9% | $70-75.7% |