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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $29,865 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $28,859 | $63,471-54.5% | $68,803-58.1% | $66,949-56.9% |
| Participation rate | 68.1% | 60.0%+8.1pp | 69.0%-0.9pp | 69.8%-1.7pp |
| Annual return | -17.22% | -8.29%-8.9pp | -6.37%-10.8pp | 1.57%-18.8pp |
| Employer contribution / active EE | $1,165 | $1,776-34.4% | $2,656-56.1% | $2,545-54.2% |
| Participant deferral / active EE | $3,486 | $2,946+18.3% | $3,942-11.6% | $4,239-17.8% |
| Admin fee / account holder | $146 | $578-74.7% | $4,936-97.0% | $594-75.3% |