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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $10,563 |
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).
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 | $15,277 | $29,546-48.3% | $56,441-72.9% | $77,671-80.3% |
| Participation rate | 20.5% | 32.7%-12.2pp | 52.5%-32.0pp | 70.6%-50.1pp |
| Annual return | 16.87% | 19.01%-2.1pp | 1704.21%-1687.3pp | 31.21%-14.3pp |
| Employer contribution / active EE | $528 | $568-7.1% | $1,039-49.2% | $2,726-80.6% |
| Participant deferral / active EE | $676 | $1,061-36.2% | $1,953-65.4% | $4,648-85.4% |
| Admin fee / account holder | $57 | $1,046-94.5% | $2,829-98.0% | $430-86.7% |