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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $2,774 |
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).
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 | $15,999 | $37,463-57.3% | $77,096-79.2% | $66,938-76.1% |
| Participation rate | 50.0% | 52.9%-2.9pp | 67.9%-17.9pp | 69.8%-19.8pp |
| Annual return | -17.87% | -3.25%-14.6pp | 42.35%-60.2pp | 1.58%-19.4pp |
| Employer contribution / active EE | $570 | $1,535-62.9% | $2,814-79.7% | $2,545-77.6% |
| Participant deferral / active EE | $3,521 | $2,621+34.3% | $4,429-20.5% | $4,238-16.9% |
| Admin fee / account holder | $76 | $568-86.6% | $5,428-98.6% | $594-87.1% |