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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $3,756 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $33,412 | $102,382-67.4% | $147,005-77.3% | $80,874-58.7% |
| Participation rate | 55.4% | 75.8%-20.4pp | 82.2%-26.8pp | 67.6%-12.2pp |
| Annual return | 0.81% | 134.89%-134.1pp | 418.76%-418.0pp | 35.62%-34.8pp |
| Employer contribution / active EE | $14 | $3,715-99.6% | $4,934-99.7% | $2,756-99.5% |
| Participant deferral / active EE | $4,876 | $6,646-26.6% | $8,070-39.6% | $4,297+13.5% |
| Admin fee / account holder | $35 | $7,942-99.6% | $13,006-99.7% | $6,935-99.5% |