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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 | $44,746+23.0% | $88,179-37.6% | $64,097-14.2% |
| Participation rate | 65.9% | 39.8%+26.1pp | 69.1%-3.2pp | 55.2%+10.7pp |
| Annual return | 14.95% | 24.70%-9.8pp | 64.97%-50.0pp | 34.64%-19.7pp |
| Employer contribution / active EE | $1,892 | $1,078+75.5% | $2,549-25.8% | $1,8910% |
| Participant deferral / active EE | $4,128 | $2,072+99.3% | $4,614-10.5% | $3,080+34.0% |
| Admin fee / account holder | $400 | $3,437-88.4% | $7,673-94.8% | $3,454-88.4% |