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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $3,694 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $12,820 | $82,188-84.4% | $125,391-89.8% | $64,824-80.2% |
| Participation rate | 64.5% | 77.9%-13.5pp | 82.4%-17.9pp | 71.5%-7.0pp |
| Annual return | -24.19% | 3.50%-27.7pp | 572.41%-596.6pp | 32.84%-57.0pp |
| Employer contribution / active EE | $1,294 | $3,617-64.2% | $4,816-73.1% | $2,507-48.4% |
| Participant deferral / active EE | $4,225 | $7,177-41.1% | $7,448-43.3% | $4,311-2.0% |
| Admin fee / account holder | $176 | $163+7.9% | $10,009-98.2% | $188-6.2% |