Filed September 12, 2019 (most recent of 2 filings on file)
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-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,575 |
ADP BROKER-DEALER1+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
MORGAN STANLEY SMITH BARNEY1+ years Service code 49 ONE BLUE HILL PLAZA · PEARL RIVER, NY 10965 | Other Services | $0 |
STATE STREET GLOBAL ADVISORS1+ years Filed as: STATE STREET CORPORATION Service code 21 · EIN 04-1867445 | Bank Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,767 | $51,769-29.0% | $57,343-35.9% | $52,331-29.7% |
| Participation rate | 65.3% | 75.2%-9.9pp | 75.1%-9.8pp | 68.1%-2.8pp |
| Annual return | -3.05% | 2.43%-5.5pp | 24.39%-27.4pp | 4.54%-7.6pp |
| Employer contribution / active EE | $2,805 | $2,335+20.1% | $2,689+4.3% | $1,882+49.1% |
| Participant deferral / active EE | $2,902 | $2,794+3.9% | $3,162-8.2% | $3,022-4.0% |
| Admin fee / account holder | $14 | $295-95.4% | $3,356-99.6% | $592-97.7% |