Filed July 20, 2023
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $36,854 |
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $98,102 | $65,437+49.9% | $86,698+13.2% | $66,949+46.5% |
| Participation rate | 99.0% | 75.5%+23.5pp | 76.6%+22.4pp | 69.8%+29.2pp |
| Annual return | -16.61% | -10.91%-5.7pp | 35.96%-52.6pp | 1.57%-18.2pp |
| Employer contribution / active EE | $8,981 | $2,154+317.0% | $2,837+216.6% | $2,545+252.8% |
| Participant deferral / active EE | $7,723 | $4,102+88.3% | $4,656+65.9% | $4,239+82.2% |
| Admin fee / account holder | $236 | $642-63.2% | $7,492-96.8% | $594-60.2% |