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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $25,223 |
ADP BROKER-DEALER1 year Filed as: ADP STRATEGIC PLAN SERVICES Service code 28 · EIN 81-4734347 | Investment Management | $6,106 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $37,500 | $55,715-32.7% | $124,206-69.8% | $71,012-47.2% |
| Participation rate | 40.7% | 34.7%+6.0pp | 69.6%-28.9pp | 58.6%-17.8pp |
| Annual return | 17.86% | 73.23%-55.4pp | 515.27%-497.4pp | 37.67%-19.8pp |
| Employer contribution / active EE | $465 | $964-51.8% | $3,540-86.9% | $2,348-80.2% |
| Participant deferral / active EE | $1,192 | $1,833-35.0% | $3,968-70.0% | $3,246-63.3% |
| Admin fee / account holder | $176 | $1,481-88.1% | $5,929-97.0% | $1,167-84.9% |