Filed May 31, 2023
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 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $24,851 |
Filed as: KESTRA ADVISORY SERVICES Service code 15 · EIN 35-2552359 | Recordkeeping | $14,384 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,809 | $62,132-19.8% | $185,823-73.2% | $73,488-32.2% |
| Participation rate | 93.8% | 67.8%+26.0pp | 78.0%+15.8pp | 70.7%+23.2pp |
| Annual return | 37.92% | 20.44%+17.5pp | 35.95%+2.0pp | 28.51%+9.4pp |
| Employer contribution / active EE | $3,558 | $1,681+111.7% | $4,087-12.9% | $2,270+56.8% |
| Participant deferral / active EE | $6,454 | $3,711+73.9% | $5,632+14.6% | $3,740+72.6% |
| Admin fee / account holder | $242 | $419-42.2% | $9,500-97.5% | $513-52.8% |