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 | $54,558-70.3% | $76,051-78.7% | $74,400-78.2% |
| Participation rate | 88.7% | 60.3%+28.4pp | 69.1%+19.6pp | 67.2%+21.5pp |
| Annual return | 12.27% | 31.83%-19.6pp | 360.42%-348.2pp | 1367.51%-1355.2pp |
| Employer contribution / active EE | $664 | $1,778-62.7% | $2,690-75.3% | $2,624-74.7% |
| Participant deferral / active EE | $2,216 | $3,065-27.7% | $4,257-48.0% | $4,348-49.0% |
| Admin fee / account holder | $46 | $2,232-97.9% | $6,416-99.3% | $1,944-97.6% |