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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $7,408 |
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 | $9,656 | $81,331-88.1% | $155,534-93.8% | $80,935-88.1% |
| Participation rate | 49.5% | 66.3%-16.8pp | 78.2%-28.7pp | 67.7%-18.2pp |
| Annual return | 12.61% | 33.37%-20.8pp | 64.92%-52.3pp | 35.66%-23.0pp |
| Employer contribution / active EE | $0 | $3,105-100.0% | $4,675-100.0% | $2,757-100.0% |
| Participant deferral / active EE | $1,943 | $3,454-43.7% | $5,630-65.5% | $4,299-54.8% |
| Admin fee / account holder | $114 | $7,999-98.6% | $15,900-99.3% | $6,924-98.4% |