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 9-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 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $855 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $16,314 | $76,367-78.6% | $93,606-82.6% | $72,985-77.6% |
| Participation rate | 34.7% | 71.7%-37.0pp | 75.8%-41.1pp | 69.5%-34.7pp |
| Annual return | 25.25% | 25.82%-0.6pp | 32.76%-7.5pp | 81.00%-55.7pp |
| Employer contribution / active EE | $342 | $2,275-85.0% | $2,718-87.4% | $2,440-86.0% |
| Participant deferral / active EE | $2,044 | $3,538-42.2% | $4,069-49.8% | $3,607-43.3% |
| Admin fee / account holder | $19 | $6,838-99.7% | $7,888-99.8% | $5,124-99.6% |