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| Provider | Service type | Compensation |
|---|---|---|
COMERICA BANK2 years Filed as: COMERICA SECURITIES, INC Service code 15 · EIN 38-2621207 | Recordkeeping | $11,890 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $6,941 |
ADP BROKER-DEALER3 years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Annual investment return 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 | $17,093 | $70,917-75.9% | $98,920-82.7% | $73,493-76.7% |
| Participation rate | 72.2% | 73.8%-1.6pp | 76.0%-3.8pp | 70.7%+1.5pp |
| Annual return | 11.17% | 34.18%-23.0pp | 196.47%-185.3pp | 28.51%-17.3pp |
| Employer contribution / active EE | $2,736 | $2,037+34.3% | $2,689+1.7% | $2,270+20.5% |
| Participant deferral / active EE | $3,029 | $3,501-13.5% | $4,245-28.6% | $3,740-19.0% |
| Admin fee / account holder | $83 | $535-84.4% | $6,643-98.7% | $513-83.8% |