Filed March 21, 2024
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 7-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER4 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $9,144 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,273 | $50,815-77.8% | $155,509-92.8% | $77,643-85.5% |
| Participation rate | 95.5% | 63.1%+32.4pp | 78.2%+17.3pp | 70.6%+24.9pp |
| Annual return | 17.95% | 34.80%-16.9pp | 64.67%-46.7pp | 31.24%-13.3pp |
| Employer contribution / active EE | $1,316 | $1,993-34.0% | $4,672-71.8% | $2,726-51.7% |
| Participant deferral / active EE | $2,475 | $2,822-12.3% | $5,626-56.0% | $4,647-46.7% |
| Admin fee / account holder | $17 | $437-96.1% | $15,912-99.9% | $430-96.0% |