Filed August 13, 2022
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-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $188,066 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING HOLDCO, LLC Service code 15 · EIN 84-4519624 | Recordkeeping | $80,369 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $24,029 | $44,897-46.5% | $84,966-71.7% | $199,593-88.0% |
| Participation rate | 38.8% | 45.7%-7.0pp | 67.5%-28.8pp | 72.0%-33.2pp |
| Annual return | 15.72% | 20.96%-5.2pp | 66.38%-50.7pp | 34.25%-18.5pp |
| Employer contribution / active EE | $877 | $1,365-35.8% | $2,727-67.8% | $3,034-71.1% |
| Participant deferral / active EE | $2,686 | $2,668+0.7% | $4,519-40.6% | $5,087-47.2% |
| Admin fee / account holder | $108 | $584-81.5% | $6,149-98.2% | $269-59.8% |