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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,373 |
LPL FINANCIAL1 year Service code 15 · EIN 04-3046611 | Recordkeeping | $19,522 |
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.
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 | $23,225 | $93,010-75.0% | $96,515-75.9% | $74,460-68.8% |
| Participation rate | 66.7% | 71.6%-4.9pp | 74.3%-7.7pp | 70.7%-4.1pp |
| Annual return | 28.30% | 37.50%-9.2pp | 35.73%-7.4pp | 34.38%-6.1pp |
| Employer contribution / active EE | $2,806 | $3,427-18.1% | $3,740-25.0% | $2,638+6.3% |
| Participant deferral / active EE | $5,130 | $3,971+29.2% | $4,880+5.1% | $4,530+13.2% |
| Admin fee / account holder | $219 | $633-65.5% | $6,735-96.8% | $348-37.1% |