Filed May 31, 2024
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,404 |
KESTRA INVESTMENT SERVICES LLC1+ years Filed as: KESTRA ADVISORY SERVICES Service code 15 · EIN 35-2552359 | Recordkeeping | $18,698 |
ADP BROKER-DEALER1+ 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 | $32,664 | $47,180-30.8% | $149,723-78.2% | $74,473-56.1% |
| Participation rate | 51.9% | 63.4%-11.5pp | 78.8%-26.9pp | 70.7%-18.9pp |
| Annual return | 0.00% | 22.75%-22.7pp | 134.50%-134.5pp | 34.36%-34.4pp |
| Employer contribution / active EE | $825 | $1,907-56.7% | $4,821-82.9% | $2,638-68.7% |
| Participant deferral / active EE | $1,460 | $2,730-46.5% | $5,682-74.3% | $4,530-67.8% |
| Admin fee / account holder | $186 | $343-45.7% | $13,215-98.6% | $347-46.3% |