Filed October 31, 2017
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 5-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, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $89,227 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $13,467 | $95,274-85.9% | $135,903-90.1% | $74,419-81.9% |
| Participation rate | 88.7% | 78.2%+10.5pp | 81.9%+6.7pp | 70.7%+17.9pp |
| Annual return | 30.15% | 32.77%-2.6pp | 68.23%-38.1pp | 34.38%-4.2pp |
| Employer contribution / active EE | $388 | $3,874-90.0% | $4,856-92.0% | $2,637-85.3% |
| Participant deferral / active EE | $6,898 | $7,782-11.4% | $7,758-11.1% | $4,528+52.3% |
| Admin fee / account holder | $115 | $266-57.0% | $10,762-98.9% | $348-67.1% |