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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $20,959 |
SAGEPOINT FINANCIAL INC1 year Filed as: FSC SECURITIES CORPORATION Service code 15 · EIN 58-1288674 | Recordkeeping | $15,907 |
ADP BROKER-DEALER2+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
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.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,081 | $86,897-64.2% | $151,628-79.5% | $64,814-52.0% |
| Participation rate | 67.3% | 87.3%-20.0pp | 87.5%-20.2pp | 71.5%-4.2pp |
| Annual return | -6.65% | -3.57%-3.1pp | 3.34%-10.0pp | 32.84%-39.5pp |
| Employer contribution / active EE | $2,017 | $4,010-49.7% | $6,165-67.3% | $2,507-19.6% |
| Participant deferral / active EE | $3,860 | $6,690-42.3% | $8,363-53.8% | $4,310-10.4% |
| Admin fee / account holder | $171 | $153+12.1% | $11,613-98.5% | $188-8.7% |