Filed April 27, 2022
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-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $7,306 |
ADP BROKER-DEALER6 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,432 | $106,264-89.2% | $147,117-92.2% | $77,762-85.3% |
| Participation rate | 68.8% | 78.4%-9.6pp | 82.2%-13.4pp | 70.6%-1.8pp |
| Annual return | 18.45% | 56.94%-38.5pp | 420.54%-402.1pp | 31.27%-12.8pp |
| Employer contribution / active EE | $1,268 | $4,074-68.9% | $4,932-74.3% | $2,728-53.5% |
| Participant deferral / active EE | $2,541 | $8,003-68.3% | $8,065-68.5% | $4,651-45.4% |
| Admin fee / account holder | $25 | $334-92.4% | $12,993-99.8% | $433-94.1% |