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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,602 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $61,004 | $65,376-6.7% | $87,104-30.0% | $65,185-6.4% |
| Participation rate | 52.9% | 75.3%-22.5pp | 76.9%-24.0pp | 70.2%-17.3pp |
| Annual return | 14.67% | 31.27%-16.6pp | 28.19%-13.5pp | 29.38%-14.7pp |
| Employer contribution / active EE | $0 | $1,822-100.0% | $2,521-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $2,782 | $3,388-17.9% | $4,048-31.3% | $3,514-20.8% |
| Admin fee / account holder | $59 | $520-88.7% | $7,491-99.2% | $847-93.1% |