Filed June 28, 2019
Sign up free to preview peer percentile detail
Free accounts unlock saves, downloads, and 3-year history.
Sign up free to preview 7-year trajectory
Free accounts unlock saves, downloads, and 3-year history.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $5,507 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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 declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,589 | $82,093-89.5% | $379,746-97.7% | $73,412-88.3% |
| Participation rate | 6.5% | 76.8%-70.3pp | 78.4%-72.0pp | 72.2%-65.7pp |
| Annual return | 164.57% | 18.89%+145.7pp | 34.90%+129.7pp | 59.30%+105.3pp |
| Employer contribution / active EE | $0 | $2,847-100.0% | $3,540-100.0% | $2,234-100.0% |
| Participant deferral / active EE | $317 | $4,697-93.3% | $6,024-94.7% | $3,806-91.7% |
| Admin fee / account holder | $108 | $128-15.4% | $7,927-98.6% | $158-31.6% |