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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $41,467 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,294 | $54,193-3.5% | $93,669-44.2% | $77,714-32.7% |
| Participation rate | 52.2% | 63.9%-11.7pp | 68.7%-16.5pp | 70.6%-18.4pp |
| Annual return | 16.09% | 30.54%-14.5pp | 133.59%-117.5pp | 31.26%-15.2pp |
| Employer contribution / active EE | $0 | $1,168-100.0% | $2,424-100.0% | $2,727-100.0% |
| Participant deferral / active EE | $1,826 | $3,144-41.9% | $4,416-58.6% | $4,649-60.7% |
| Admin fee / account holder | $230 | $576-60.0% | $8,291-97.2% | $433-46.8% |