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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,014 |
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 | $15,071 | $44,984-66.5% | $85,009-82.3% | $74,546-79.8% |
| Participation rate | 37.8% | 49.4%-11.6pp | 67.5%-29.7pp | 67.2%-29.4pp |
| Annual return | 28.88% | 26.25%+2.6pp | 66.47%-37.6pp | 1366.03%-1337.2pp |
| Employer contribution / active EE | $1,464 | $1,458+0.4% | $2,728-46.3% | $2,624-44.2% |
| Participant deferral / active EE | $2,368 | $2,733-13.4% | $4,522-47.6% | $4,347-45.5% |
| Admin fee / account holder | $255 | $2,208-88.5% | $6,153-95.9% | $1,944-86.9% |