Filed March 13, 2025
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,214 |
Filed as: AMERIPRISE FINANCIAL, LLC Service code 15 · EIN 13-3180631 | Recordkeeping | $21,496 |
Filed as: AMERICAN ENTERPRISE INVESTMENT SERV Service code 15 · EIN 41-1667086 | Recordkeeping | $21,113 |
ADP BROKER-DEALER11+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,243 | $85,515+4.4% | $112,040-20.3% | $67,986+31.3% |
| Participation rate | 95.3% | 68.2%+27.0pp | 76.5%+18.8pp | 57.2%+38.1pp |
| Annual return | 14.69% | 29.68%-15.0pp | 24.52%-9.8pp | 31.67%-17.0pp |
| Employer contribution / active EE | $2,612 | $2,191+19.2% | $2,954-11.6% | $2,019+29.4% |
| Participant deferral / active EE | $5,873 | $4,014+46.3% | $5,098+15.2% | $3,358+74.9% |
| Admin fee / account holder | $315 | $3,774-91.7% | $12,098-97.4% | $3,203-90.2% |