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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $380 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $2,835 | $59,535-95.2% | $90,161-96.9% | $62,293-95.4% |
| Participation rate | 90.8% | 73.0%+17.8pp | 76.9%+14.0pp | 69.5%+21.3pp |
| Annual return | 0.00% | 23.53%-23.5pp | 34.89%-34.9pp | 28.90%-28.9pp |
| Employer contribution / active EE | $138 | $1,826-92.5% | $3,318-95.8% | $2,042-93.3% |
| Participant deferral / active EE | $2,309 | $4,639-50.2% | $5,287-56.3% | $3,169-27.1% |
| Admin fee / account holder | $2 | $337-99.4% | $5,943-100.0% | $479-99.5% |