Filed April 19, 2022
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 10-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 37 · EIN 13-3036745 | Loan Processing | $380 |
ADP BROKER-DEALER2+ 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,920 | $38,969+35.8% | $109,313-51.6% | $55,167-4.1% |
| Participation rate | 36.5% | 58.2%-21.7pp | 71.3%-34.7pp | 69.0%-32.5pp |
| Annual return | 6.17% | 8.26%-2.1pp | 22.07%-15.9pp | 169.23%-163.1pp |
| Employer contribution / active EE | $578 | $1,227-52.9% | $3,892-85.2% | $1,963-70.6% |
| Participant deferral / active EE | $1,533 | $2,176-29.5% | $3,166-51.6% | $3,054-49.8% |
| Admin fee / account holder | $4 | $501-99.1% | $5,666-99.9% | $504-99.1% |