Filed December 10, 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 |
|---|---|---|
Service code 15 · EIN 13-5674085 | Recordkeeping | $27,742 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $17,979 |
ADP BROKER-DEALER6+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Service code 37 · EIN 36-3429599 | Loan Processing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $156,279 | $91,552+70.7% | $133,956+16.7% | $79,858+95.7% |
| Participation rate | 93.1% | 73.3%+19.7pp | 79.8%+13.2pp | 69.6%+23.4pp |
| Annual return | 17.23% | 61.85%-44.6pp | 45.09%-27.9pp | 31.71%-14.5pp |
| Employer contribution / active EE | $2,010 | $2,384-15.7% | $3,919-48.7% | $2,471-18.6% |
| Participant deferral / active EE | $8,013 | $3,733+114.6% | $5,048+58.7% | $3,740+114.2% |
| Admin fee / account holder | $404 | $6,321-93.6% | $8,927-95.5% | $5,306-92.4% |