Filed July 20, 2023
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $24,944 |
ADP BROKER-DEALER1 year Filed as: ADP STRATEGIC PLAN SERVICES Service code 28 · EIN 81-4734347 | Investment Management | $14,820 |
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| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $126,571 | $95,453+32.6% | $112,040+13.0% | $82,448+53.5% |
| Participation rate | 100.0% | 72.8%+27.2pp | 76.5%+23.5pp | 68.1%+31.9pp |
| Annual return | 15.41% | 23.92%-8.5pp | 24.52%-9.1pp | 41.64%-26.2pp |
| Employer contribution / active EE | $5,600 | $2,318+141.6% | $2,954+89.6% | $2,551+119.5% |
| Participant deferral / active EE | $9,250 | $4,224+119.0% | $5,098+81.5% | $4,139+123.5% |
| Admin fee / account holder | $253 | $9,013-97.2% | $12,098-97.9% | $7,234-96.5% |