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, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $742 |
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 | $21,260 | $81,208-73.8% | $98,907-78.5% | $79,858-73.4% |
| Participation rate | 34.1% | 72.5%-38.4pp | 76.0%-41.9pp | 69.6%-35.5pp |
| Annual return | 19.53% | 60.99%-41.5pp | 196.43%-176.9pp | 31.71%-12.2pp |
| Employer contribution / active EE | $259 | $1,960-86.8% | $2,689-90.4% | $2,471-89.5% |
| Participant deferral / active EE | $2,229 | $3,265-31.7% | $4,244-47.5% | $3,740-40.4% |
| Admin fee / account holder | $16 | $6,013-99.7% | $6,642-99.8% | $5,306-99.7% |