Filed June 4, 2018
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-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $33,934 |
AMERICAN FUNDS3 years Filed as: THE CAPITAL GROUP Service code 15 · EIN 46-4255096 | Recordkeeping | $32,138 |
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $36,192 | $100,801-64.1% | $149,696-75.8% | $73,409-50.7% |
| Participation rate | 55.8% | 77.7%-21.8pp | 82.5%-26.6pp | 72.2%-16.3pp |
| Annual return | 22.52% | 265.34%-242.8pp | 276.60%-254.1pp | 59.29%-36.8pp |
| Employer contribution / active EE | $1,204 | $3,312-63.6% | $4,644-74.1% | $2,234-46.1% |
| Participant deferral / active EE | $4,219 | $6,404-34.1% | $6,842-38.3% | $3,805+10.9% |
| Admin fee / account holder | $224 | $181+23.9% | $9,309-97.6% | $158+41.9% |