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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $3,429 |
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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,116 | $63,471-66.7% | $68,803-69.3% | $66,949-68.5% |
| Participation rate | 54.0% | 60.0%-6.0pp | 69.0%-15.0pp | 69.8%-15.8pp |
| Annual return | -18.15% | -8.29%-9.9pp | -6.37%-11.8pp | 1.57%-19.7pp |
| Employer contribution / active EE | $2,800 | $1,776+57.7% | $2,656+5.4% | $2,545+10.0% |
| Participant deferral / active EE | $5,942 | $2,946+101.7% | $3,942+50.7% | $4,239+40.2% |
| Admin fee / account holder | $20 | $578-96.5% | $4,936-99.6% | $594-96.6% |