Filed October 31, 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-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $28,222 |
ADP BROKER-DEALER8 years Service code 37 · EIN 22-3319984 | Loan Processing | $0 |
Service code 37 · EIN 36-3429599 | Loan Processing | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,893 | $100,923-31.7% | $150,045-54.1% | $74,304-7.3% |
| Participation rate | 90.2% | 70.1%+20.1pp | 82.3%+7.9pp | 60.3%+29.9pp |
| Annual return | 17.02% | 51.77%-34.7pp | 62.55%-45.5pp | 29.43%-12.4pp |
| Employer contribution / active EE | $3,190 | $3,463-7.9% | $4,693-32.0% | $2,241+42.3% |
| Participant deferral / active EE | $7,750 | $6,709+15.5% | $7,997-3.1% | $3,767+105.7% |
| Admin fee / account holder | $133 | $2,767-95.2% | $13,435-99.0% | $2,969-95.5% |