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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $24,317 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,962 | $88,137-47.9% | $164,975-72.1% | $74,429-38.2% |
| Participation rate | 31.3% | 73.1%-41.8pp | 78.6%-47.3pp | 67.2%-35.9pp |
| Annual return | -31.35% | 17.13%-48.5pp | 70.12%-101.5pp | 1368.38%-1399.7pp |
| Employer contribution / active EE | $1,547 | $2,597-40.4% | $4,343-64.4% | $2,625-41.1% |
| Participant deferral / active EE | $2,908 | $4,501-35.4% | $6,033-51.8% | $4,348-33.1% |
| Admin fee / account holder | $363 | $2,231-83.7% | $12,688-97.1% | $1,944-81.3% |