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 | $4,792 |
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).
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 | $12,245 | $69,362-82.3% | $101,248-87.9% | $73,488-83.3% |
| Participation rate | 59.3% | 68.4%-9.1pp | 75.8%-16.5pp | 70.7%-11.4pp |
| Annual return | 11.71% | 18.46%-6.8pp | 46.47%-34.8pp | 28.51%-16.8pp |
| Employer contribution / active EE | $56 | $2,628-97.9% | $3,660-98.5% | $2,270-97.6% |
| Participant deferral / active EE | $1,622 | $3,300-50.8% | $4,370-62.9% | $3,740-56.6% |
| Admin fee / account holder | $142 | $704-79.8% | $5,945-97.6% | $513-72.3% |