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 FUNDS5 years Filed as: THE CAPITAL GROUP Service code 15 · EIN 46-4255096 | Recordkeeping | $44,661 |
ADP BROKER-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $39,609 |
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 | $38,140 | $82,202-53.6% | $125,339-69.6% | $64,808-41.1% |
| Participation rate | 55.7% | 77.9%-22.2pp | 82.4%-26.7pp | 71.5%-15.8pp |
| Annual return | -12.53% | 3.48%-16.0pp | 572.05%-584.6pp | 32.82%-45.4pp |
| Employer contribution / active EE | $1,143 | $3,615-68.4% | $4,814-76.3% | $2,506-54.4% |
| Participant deferral / active EE | $4,579 | $7,175-36.2% | $7,446-38.5% | $4,310+6.2% |
| Admin fee / account holder | $283 | $163+73.2% | $10,010-97.2% | $188+50.6% |