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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $4,189 |
Employer 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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,312 | $60,454-82.9% | $81,844-87.4% | $74,459-86.2% |
| Participation rate | 75.0% | 63.0%+12.0pp | 72.4%+2.6pp | 67.2%+7.8pp |
| Annual return | 18.66% | 16.87%+1.8pp | 778.87%-760.2pp | 1369.70%-1351.0pp |
| Employer contribution / active EE | $123 | $2,630-95.3% | $2,916-95.8% | $2,626-95.3% |
| Participant deferral / active EE | $1,929 | $3,398-43.2% | $4,323-55.4% | $4,350-55.7% |
| Admin fee / account holder | $48 | $1,490-96.8% | $7,355-99.3% | $1,945-97.5% |