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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $6,107 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,143 | $39,286-25.8% | $80,741-63.9% | $79,393-63.3% |
| Participation rate | 27.1% | 41.0%-13.9pp | 54.2%-27.1pp | 70.7%-43.6pp |
| Annual return | 16.27% | 98.95%-82.7pp | 87.30%-71.0pp | 116.87%-100.6pp |
| Employer contribution / active EE | $481 | $594-19.1% | $1,160-58.6% | $2,428-80.2% |
| Participant deferral / active EE | $669 | $1,264-47.1% | $2,145-68.8% | $4,046-83.5% |
| Admin fee / account holder | $177 | $647-72.7% | $3,380-94.8% | $627-71.8% |