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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $860 |
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).
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 | $29,819 | $58,093-48.7% | $80,022-62.7% | $56,289-47.0% |
| Participation rate | 56.9% | 73.6%-16.8pp | 75.8%-19.0pp | 69.9%-13.0pp |
| Annual return | 57.83% | 34.63%+23.2pp | 11.22%+46.6pp | -9.96%+67.8pp |
| Employer contribution / active EE | $1,474 | $1,933-23.7% | $2,468-40.3% | $2,111-30.2% |
| Participant deferral / active EE | $2,897 | $3,136-7.6% | $3,686-21.4% | $3,350-13.5% |
| Admin fee / account holder | $32 | $623-94.8% | $6,521-99.5% | $521-93.8% |