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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $35,739 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,614 | $40,386-39.1% | $80,607-69.5% | $74,440-66.9% |
| Participation rate | 26.0% | 47.4%-21.3pp | 67.0%-41.0pp | 70.7%-44.7pp |
| Annual return | 22.72% | 165.00%-142.3pp | 936.11%-913.4pp | 34.37%-11.7pp |
| Employer contribution / active EE | $0 | $1,496-100.0% | $2,724-100.0% | $2,638-100.0% |
| Participant deferral / active EE | $4,252 | $2,670+59.3% | $4,448-4.4% | $4,529-6.1% |
| Admin fee / account holder | $110 | $720-84.8% | $5,379-98.0% | $348-68.5% |