Filed July 20, 2023
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $41,031 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $120,566 | $79,184+52.3% | $102,438+17.7% | $74,546+61.7% |
| Participation rate | 100.0% | 74.8%+25.2pp | 76.5%+23.5pp | 67.2%+32.8pp |
| Annual return | 13.14% | 54.95%-41.8pp | 29.37%-16.2pp | 1366.03%-1352.9pp |
| Employer contribution / active EE | $4,485 | $2,362+89.9% | $3,024+48.3% | $2,624+70.9% |
| Participant deferral / active EE | $8,229 | $4,414+86.4% | $5,054+62.8% | $4,347+89.3% |
| Admin fee / account holder | $275 | $2,001-86.2% | $9,448-97.1% | $1,944-85.8% |