Looks like you're hedging on your statement about distrust of the administrative state, which is good, because I agree with this characterization right here. It was actually the administrative state that saved us from the worst intentions of the corrupt leaders at the top trying to use that very administrative state to flout the Constitution, the law, and the will of the American people. The same corrupt leaders leading a private enterprise do not have administrative levels below them exercising checks and balances to keep the company honest and accountable to anyone, let alone the American people.
So, if anything, we should trust the administrative state, or at least put our hope in it, as long as they have not been completely corrupted by corrupt leaders.