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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,673 |
ADP BROKER-DEALER10+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $35,079 | $92,076-61.9% | $105,607-66.8% | $77,736-54.9% |
| Participation rate | 57.0% | 81.0%-24.1pp | 75.3%-18.3pp | 70.6%-13.6pp |
| Annual return | 14.30% | 17.84%-3.5pp | 116.11%-101.8pp | 31.26%-17.0pp |
| Employer contribution / active EE | $1,854 | $3,370-45.0% | $3,167-41.5% | $2,728-32.0% |
| Participant deferral / active EE | $3,396 | $5,390-37.0% | $5,011-32.2% | $4,651-27.0% |
| Admin fee / account holder | $56 | $219-74.6% | $10,958-99.5% | $433-87.2% |