Filed May 4, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $37,479 |
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $33,299 | $95,084-65.0% | $140,514-76.3% | $69,733-52.2% |
| Participation rate | 100.0% | 68.7%+31.3pp | 77.8%+22.2pp | 62.5%+37.5pp |
| Annual return | 781.03% | 18.56%+762.5pp | 14.36%+766.7pp | 15.22%+765.8pp |
| Employer contribution / active EE | $3,495 | $2,405+45.3% | $3,378+3.4% | $2,250+55.3% |
| Participant deferral / active EE | $5,804 | $3,868+50.1% | $4,919+18.0% | $3,054+90.0% |
| Admin fee / account holder | $182 | $4,885-96.3% | $13,697-98.7% | $3,102-94.1% |