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| Provider | Service type | Compensation |
|---|---|---|
RBC GLOBAL ASSET MANAGEMENT3+ years Filed as: RBC Service code 15 · EIN 41-1416330 | Recordkeeping | $22,163 |
ADP BROKER-DEALER3+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $21,794 |
ADP BROKER-DEALER3+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $20,984 | $58,644-64.2% | $178,505-88.2% | $200,096-89.5% |
| Participation rate | 18.4% | 65.5%-47.1pp | 77.1%-58.7pp | 72.0%-53.6pp |
| Annual return | 21.52% | 19.25%+2.3pp | 27.16%-5.6pp | 34.26%-12.7pp |
| Employer contribution / active EE | $458 | $1,801-74.6% | $3,955-88.4% | $3,038-84.9% |
| Participant deferral / active EE | $898 | $4,248-78.9% | $6,280-85.7% | $5,090-82.4% |
| Admin fee / account holder | $126 | $145-13.3% | $10,428-98.8% | $269-53.2% |