Filed December 8, 2021
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-DEALER2 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $53,714 |
WILLIAM BLAIR1 year Filed as: WILLIAM E. HAMM AND ASSOCIATES, INC Service code 15 · EIN 59-3331424 | Recordkeeping | $16,698 |
ADP BROKER-DEALER2 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 declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,222 | $41,467-5.4% | $67,313-41.7% | $55,725-29.6% |
| Participation rate | 64.9% | 62.5%+2.4pp | 69.1%-4.2pp | 70.9%-6.0pp |
| Annual return | -2.77% | 0.82%-3.6pp | -4.08%+1.3pp | 244.93%-247.7pp |
| Employer contribution / active EE | $829 | $1,316-37.0% | $2,566-67.7% | $2,078-60.1% |
| Participant deferral / active EE | $2,250 | $2,399-6.2% | $3,568-36.9% | $3,356-32.9% |
| Admin fee / account holder | $198 | $102+93.8% | $4,507-95.6% | $115+71.7% |