Filed May 31, 2024
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $39,966 |
KESTRA INVESTMENT SERVICES LLC2+ years Filed as: KESTRA ADVISORY SERVICES Service code 15 · EIN 35-2552359 | Recordkeeping | $25,018 |
ADP BROKER-DEALER2+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,192 | $50,919-23.0% | $155,556-74.8% | $77,762-49.6% |
| Participation rate | 47.9% | 63.1%-15.2pp | 78.2%-30.3pp | 70.6%-22.7pp |
| Annual return | 22.74% | 34.84%-12.1pp | 64.84%-42.1pp | 31.27%-8.5pp |
| Employer contribution / active EE | $860 | $1,991-56.8% | $4,675-81.6% | $2,728-68.5% |
| Participant deferral / active EE | $1,600 | $2,824-43.3% | $5,631-71.6% | $4,651-65.6% |
| Admin fee / account holder | $257 | $437-41.1% | $15,885-98.4% | $433-40.6% |