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| Provider | Service type | Compensation |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $30,406 |
ADP BROKER-DEALER1 year Filed as: ADP RETIREMENT SERVICES Service code 15 71 HANOVER ROAD · FLORHAM PARK, NJ 07932 | Recordkeeping | $4,159 |
Filed as: MERRILL LYNCH, PIERCE, FENNER & SMI Service code 26 · EIN 13-5674085 | Advisory (Participants) | $2,715 |
Filed as: BENEFIT PLANS PLUS, LLC Service code 15 · EIN 43-1829594 | Recordkeeping | $1,725 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,005 | $58,347-50.3% | $85,709-66.2% | $86,821-66.6% |
| Participation rate | 55.0% | 64.9%-10.0pp | 69.9%-14.9pp | 72.3%-17.3pp |
| Annual return | 17.31% | 18.43%-1.1pp | 21.49%-4.2pp | 97.94%-80.6pp |
| Employer contribution / active EE | $1,652 | $1,751-5.7% | $2,619-36.9% | $2,406-31.3% |
| Participant deferral / active EE | $3,120 | $3,065+1.8% | $3,924-20.5% | $4,132-24.5% |
| Admin fee / account holder | $154 | $147+4.2% | $6,876-97.8% | $170-9.4% |