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-DEALER3 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $57,252 |
Filed as: GLOBAL RETIREMENT PARTNERS Service code 15 · EIN 47-1411118 | Recordkeeping | $27,648 |
ADP BROKER-DEALER6 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $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 | $27,742 | $44,764-38.0% | $68,791-59.7% | $64,808-57.2% |
| Participation rate | 89.1% | 64.8%+24.3pp | 69.0%+20.1pp | 71.5%+17.6pp |
| Annual return | -17.05% | -10.91%-6.1pp | -6.38%-10.7pp | 32.82%-49.9pp |
| Employer contribution / active EE | $1,238 | $1,775-30.3% | $2,655-53.4% | $2,506-50.6% |
| Participant deferral / active EE | $3,203 | $3,238-1.1% | $3,941-18.7% | $4,310-25.7% |
| Admin fee / account holder | $142 | $151-5.9% | $4,932-97.1% | $188-24.1% |