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 |
|---|---|---|
AMERICAN FUNDS4 years Filed as: THE CAPITAL GROUP Service code 15 · EIN 46-4255096 | Recordkeeping | $46,388 |
ADP BROKER-DEALER2 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $38,465 |
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 | $42,356 | $104,317-59.4% | $159,436-73.4% | $86,799-51.2% |
| Participation rate | 56.4% | 77.7%-21.3pp | 82.8%-26.4pp | 72.3%-15.9pp |
| Annual return | 16.37% | 26.32%-10.0pp | 263.57%-247.2pp | 97.91%-81.5pp |
| Employer contribution / active EE | $1,204 | $3,451-65.1% | $4,829-75.1% | $2,405-49.9% |
| Participant deferral / active EE | $4,269 | $6,837-37.6% | $7,352-41.9% | $4,131+3.3% |
| Admin fee / account holder | $280 | $172+62.6% | $10,799-97.4% | $170+65.2% |