Filed September 21, 2023
Total covered: 7 employees
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 | $23,503 |
Service code 15 · EIN 39-2018056 | Recordkeeping | $18,058 |
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,952 | $96,484-28.5% | $156,263-55.9% | $74,304-7.2% |
| Participation rate | 96.7% | 67.7%+29.0pp | 78.9%+17.8pp | 60.3%+36.3pp |
| Annual return | 10.98% | 17.73%-6.7pp | 59.47%-48.5pp | 29.43%-18.4pp |
| Employer contribution / active EE | $4,629 | $2,528+83.1% | $4,333+6.8% | $2,241+106.5% |
| Participant deferral / active EE | $6,036 | $4,286+40.8% | $6,158-2.0% | $3,767+60.2% |
| Admin fee / account holder | $270 | $3,728-92.8% | $14,255-98.1% | $2,969-90.9% |