Filed December 2, 2020 (most recent of 2 filings on file)
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 | $5,198 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,244 | $50,820-56.2% | $155,567-85.7% | $77,671-71.4% |
| Participation rate | 93.7% | 63.1%+30.6pp | 78.2%+15.5pp | 70.6%+23.1pp |
| Annual return | 10.84% | 34.85%-24.0pp | 64.74%-53.9pp | 31.21%-20.4pp |
| Employer contribution / active EE | $2 | $1,993-99.9% | $4,674-100.0% | $2,726-99.9% |
| Participant deferral / active EE | $2,692 | $2,823-4.6% | $5,628-52.2% | $4,648-42.1% |
| Admin fee / account holder | $16 | $436-96.3% | $15,916-99.9% | $430-96.3% |