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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $355 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $65,723 | $52,639+24.9% | $185,117-64.5% | $62,293+5.5% |
| Participation rate | 39.6% | 63.9%-24.2pp | 77.3%-37.7pp | 69.5%-29.9pp |
| Annual return | 16.69% | 19.57%-2.9pp | 40.50%-23.8pp | 28.90%-12.2pp |
| Employer contribution / active EE | $482 | $1,483-67.5% | $4,182-88.5% | $2,042-76.4% |
| Participant deferral / active EE | $2,651 | $3,097-14.4% | $5,045-47.5% | $3,169-16.4% |
| Admin fee / account holder | $5 | $374-98.7% | $8,159-99.9% | $479-99.0% |