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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $22,043 |
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 | $2,325 | $52,188-95.5% | $86,656-97.3% | $74,473-96.9% |
| Participation rate | 79.0% | 66.3%+12.6pp | 71.7%+7.3pp | 70.7%+8.2pp |
| Annual return | 25.05% | 44.46%-19.4pp | 593.09%-568.0pp | 34.36%-9.3pp |
| Employer contribution / active EE | $329 | $2,282-85.6% | $3,025-89.1% | $2,638-87.5% |
| Participant deferral / active EE | $1,487 | $3,383-56.0% | $4,439-66.5% | $4,530-67.2% |
| Admin fee / account holder | $15 | $319-95.3% | $5,619-99.7% | $347-95.7% |