Filed April 12, 2022
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $14,659 |
ADP BROKER-DEALER6 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
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 | $16,188 | $54,679-70.4% | $76,119-78.7% | $74,459-78.3% |
| Participation rate | 88.7% | 60.3%+28.3pp | 69.1%+19.6pp | 67.2%+21.4pp |
| Annual return | 12.27% | 31.90%-19.6pp | 361.25%-349.0pp | 1369.70%-1357.4pp |
| Employer contribution / active EE | $664 | $1,781-62.7% | $2,693-75.4% | $2,626-74.7% |
| Participant deferral / active EE | $2,216 | $3,072-27.9% | $4,259-48.0% | $4,350-49.1% |
| Admin fee / account holder | $46 | $2,238-98.0% | $6,421-99.3% | $1,945-97.6% |