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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $35,754 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $43,563 | $59,093-26.3% | $97,295-55.2% | $77,762-44.0% |
| Participation rate | 46.7% | 67.8%-21.0pp | 72.7%-25.9pp | 70.6%-23.9pp |
| Annual return | 17.92% | 16.93%+1.0pp | 75.62%-57.7pp | 31.27%-13.3pp |
| Employer contribution / active EE | $2,959 | $1,727+71.3% | $2,723+8.7% | $2,728+8.5% |
| Participant deferral / active EE | $4,937 | $3,901+26.6% | $4,264+15.8% | $4,651+6.2% |
| Admin fee / account holder | $202 | $346-41.6% | $5,646-96.4% | $433-53.3% |