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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $48,394 |
ADP BROKER-DEALER1 year Filed as: ADP STRATEGIC PLAN SERVICES Service code 28 · EIN 84-4734347 | Investment Management | $6,484 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,015 | $45,312+21.4% | $86,233-36.2% | $67,986-19.1% |
| Participation rate | 65.9% | 42.4%+23.5pp | 69.0%-3.1pp | 57.2%+8.7pp |
| Annual return | 14.95% | 24.79%-9.8pp | 61.39%-46.4pp | 31.67%-16.7pp |
| Employer contribution / active EE | $1,892 | $1,160+63.1% | $2,504-24.5% | $2,019-6.3% |
| Participant deferral / active EE | $4,128 | $2,185+89.0% | $4,559-9.4% | $3,358+22.9% |
| Admin fee / account holder | $400 | $3,295-87.9% | $8,342-95.2% | $3,203-87.5% |