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| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $38,947 |
Filed as: AMERIPRISE FINANCIAL SERVICES LLC Service code 15 · EIN 38-2722519 | Recordkeeping | $12,572 |
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).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $24,397 | $50,956-52.1% | $96,575-74.7% | $86,813-71.9% |
| Participation rate | 57.8% | 65.2%-7.5pp | 69.8%-12.1pp | 72.3%-14.5pp |
| Annual return | 13.36% | 21.27%-7.9pp | 37.79%-24.4pp | 97.93%-84.6pp |
| Employer contribution / active EE | $430 | $1,111-61.3% | $2,357-81.7% | $2,406-82.1% |
| Participant deferral / active EE | $3,188 | $2,954+7.9% | $3,849-17.2% | $4,131-22.8% |
| Admin fee / account holder | $259 | $166+55.9% | $6,182-95.8% | $170+52.7% |