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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $23,402 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,279 | $86,655-67.4% | $119,622-76.4% | $66,938-57.8% |
| Participation rate | 52.5% | 75.6%-23.1pp | 79.3%-26.8pp | 69.8%-17.3pp |
| Annual return | -16.44% | -8.00%-8.4pp | -14.98%-1.5pp | 1.58%-18.0pp |
| Employer contribution / active EE | $1,886 | $2,536-25.6% | $4,232-55.4% | $2,545-25.9% |
| Participant deferral / active EE | $3,320 | $4,358-23.8% | $5,601-40.7% | $4,238-21.7% |
| Admin fee / account holder | $223 | $755-70.5% | $10,328-97.8% | $594-62.4% |