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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 | $81,262-88.1% | $155,602-93.8% | $80,911-88.1% |
| Participation rate | 49.5% | 66.2%-16.8pp | 78.2%-28.7pp | 67.6%-18.2pp |
| Annual return | 12.61% | 33.34%-20.7pp | 64.81%-52.2pp | 35.63%-23.0pp |
| Employer contribution / active EE | $0 | $3,102-100.0% | $4,675-100.0% | $2,756-100.0% |
| Participant deferral / active EE | $1,943 | $3,451-43.7% | $5,629-65.5% | $4,297-54.8% |
| Admin fee / account holder | $114 | $7,992-98.6% | $15,923-99.3% | $6,935-98.4% |