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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $10,169 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
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.
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 | $11,378 | $36,916-69.2% | $156,551-92.7% | $57,658-80.3% |
| Participation rate | 54.8% | 63.4%-8.6pp | 84.0%-29.2pp | 70.2%-15.4pp |
| Annual return | 6.39% | 12.38%-6.0pp | 32.23%-25.8pp | 5.13%+1.3pp |
| Employer contribution / active EE | $327 | $1,571-79.2% | $5,501-94.1% | $1,974-83.4% |
| Participant deferral / active EE | $1,642 | $1,926-14.7% | $4,871-66.3% | $3,061-46.4% |
| Admin fee / account holder | $16 | $82-80.8% | $13,028-99.9% | $95-83.3% |