Filed September 19, 2023 (most recent of 2 filings on file)
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $22,518 |
ADP BROKER-DEALER4+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,285 | $46,722-54.4% | $130,660-83.7% | $65,186-67.3% |
| Participation rate | 87.1% | 60.9%+26.2pp | 71.7%+15.4pp | 70.2%+16.9pp |
| Annual return | 3.68% | 24.17%-20.5pp | 1709.29%-1705.6pp | 29.39%-25.7pp |
| Employer contribution / active EE | $437 | $1,488-70.6% | $4,092-89.3% | $2,177-79.9% |
| Participant deferral / active EE | $2,372 | $2,545-6.8% | $3,603-34.2% | $3,514-32.5% |
| Admin fee / account holder | $93 | $453-79.5% | $5,463-98.3% | $847-89.0% |