Filed December 15, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $6,943 |
ADP BROKER-DEALER2 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
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 | $29,660 | $61,338-51.6% | $149,717-80.2% | $71,495-58.5% |
| Participation rate | 80.2% | 62.5%+17.7pp | 78.8%+1.4pp | 67.9%+12.3pp |
| Annual return | 17.55% | 35.86%-18.3pp | 134.41%-116.9pp | 28.85%-11.3pp |
| Employer contribution / active EE | $4,318 | $2,381+81.3% | $4,820-10.4% | $2,589+66.8% |
| Participant deferral / active EE | $2,840 | $2,919-2.7% | $5,682-50.0% | $4,291-33.8% |
| Admin fee / account holder | $35 | $1,263-97.3% | $13,213-99.7% | $1,588-97.8% |