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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $8,725 |
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 | $1,116 | $24,811-95.5% | $69,701-98.4% | $74,546-98.5% |
| Participation rate | 78.7% | 63.5%+15.2pp | 66.4%+12.3pp | 67.2%+11.5pp |
| Annual return | 13.13% | 18.53%-5.4pp | 100.32%-87.2pp | 1366.03%-1352.9pp |
| Employer contribution / active EE | $41 | $1,003-95.9% | $1,713-97.6% | $2,624-98.4% |
| Participant deferral / active EE | $880 | $1,904-53.8% | $2,887-69.5% | $4,347-79.8% |
| Admin fee / account holder | $35 | $1,898-98.1% | $4,717-99.3% | $1,944-98.2% |