Filed July 19, 2018
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-DEALER4 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $44,067 |
Service code 52 · EIN 13-5674085 | Indirect Investment Fees | $41,648 |
ADP BROKER-DEALER4 years Service code 49 · EIN 22-3319984 | Other Services | $0 |
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.
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 | $13,968 | $48,471-71.2% | $182,532-92.3% | $67,579-79.3% |
| Participation rate | 61.4% | 67.2%-5.7pp | 78.0%-16.5pp | 71.3%-9.8pp |
| Annual return | 22.17% | 31.08%-8.9pp | 148.54%-126.4pp | 378.56%-356.4pp |
| Employer contribution / active EE | $254 | $1,461-82.6% | $4,076-93.8% | $2,148-88.2% |
| Participant deferral / active EE | $1,741 | $3,324-47.6% | $5,524-68.5% | $3,539-50.8% |
| Admin fee / account holder | $57 | $151-62.3% | $8,592-99.3% | $142-60.0% |