Filed July 8, 2024
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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $31,935 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor declined to express an opinion - usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,162 | $34,495-15.5% | $78,677-62.9% | $63,975-54.4% |
| Participation rate | 85.0% | 60.8%+24.2pp | 73.6%+11.5pp | 71.1%+13.9pp |
| Annual return | 30.06% | 11.62%+18.4pp | 62.19%-32.1pp | 48.65%-18.6pp |
| Employer contribution / active EE | $2,010 | $1,398+43.8% | $2,850-29.5% | $2,182-7.9% |
| Participant deferral / active EE | $4,492 | $2,100+113.9% | $3,517+27.7% | $3,356+33.8% |
| Admin fee / account holder | $27 | $68-60.5% | $4,510-99.4% | $70-61.8% |