Filed August 13, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $188,066 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING HOLDCO, LLC Service code 15 · EIN 84-4519624 | Recordkeeping | $80,369 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,029 | $44,898-46.5% | $85,187-71.8% | $199,960-88.0% |
| Participation rate | 38.8% | 45.7%-7.0pp | 67.5%-28.8pp | 72.0%-33.2pp |
| Annual return | 15.72% | 20.98%-5.3pp | 66.67%-50.9pp | 34.28%-18.6pp |
| Employer contribution / active EE | $877 | $1,367-35.9% | $2,732-67.9% | $3,036-71.1% |
| Participant deferral / active EE | $2,686 | $2,670+0.6% | $4,525-40.6% | $5,087-47.2% |
| Admin fee / account holder | $108 | $585-81.5% | $6,162-98.2% | $269-59.9% |