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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 | $66,444-43.6% | $120,225-68.8% | $79,634-52.9% |
| Participation rate | 40.7% | 42.8%-2.1pp | 69.6%-28.9pp | 62.5%-21.8pp |
| Annual return | 17.86% | 53.37%-35.5pp | 439.23%-421.4pp | 36.46%-18.6pp |
| Employer contribution / active EE | $465 | $1,860-75.0% | $3,475-86.6% | $2,529-81.6% |
| Participant deferral / active EE | $1,192 | $2,798-57.4% | $3,999-70.2% | $3,835-68.9% |
| Admin fee / account holder | $176 | $1,295-86.4% | $5,696-96.9% | $1,002-82.4% |