Filed April 2, 2018 (most recent of 3 filings on file)
Total covered: 8 employees
See peer percentile detail. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
See the 10-year trajectory. $4.99 for your first month.
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $42,716 |
MERRILL LYNCH PIERCE FENNER & SMITH11+ years Service code 15 · EIN 13-5674085 | Recordkeeping | $40,286 |
ADP BROKER-DEALER11+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,067 | $131,799+19.9% | $200,582-21.2% | $85,563+84.7% |
| Participation rate | 97.9% | 87.9%+10.0pp | 86.9%+11.0pp | 66.0%+32.0pp |
| Annual return | 17.15% | 21.59%-4.4pp | 42.33%-25.2pp | 31.51%-14.4pp |
| Employer contribution / active EE | $6,960 | $4,532+53.6% | $6,419+8.4% | $2,654+162.3% |
| Participant deferral / active EE | $7,083 | $7,702-8.0% | $9,331-24.1% | $4,375+61.9% |
| Admin fee / account holder | $183 | $235-22.2% | $16,305-98.9% | $834-78.1% |