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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $5,569 |
Employer 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 signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,124 | $58,344-96.4% | $98,483-97.8% | $86,821-97.6% |
| Participation rate | 74.6% | 68.4%+6.2pp | 73.3%+1.2pp | 72.3%+2.3pp |
| Annual return | 18.35% | 43.47%-25.1pp | 1494.38%-1476.0pp | 97.94%-79.6pp |
| Employer contribution / active EE | $262 | $2,008-87.0% | $2,961-91.2% | $2,406-89.1% |
| Participant deferral / active EE | $1,282 | $3,156-59.4% | $4,276-70.0% | $4,132-69.0% |
| Admin fee / account holder | $14 | $138-89.7% | $5,953-99.8% | $170-91.6% |