Filed August 7, 2023
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-DEALER2 years Filed as: ADP, INC. Service code 26 · EIN 13-3036745 | Advisory (Participants) | $10,644 |
Service code 15 401 NORTH 31ST ST · BILLINGS, MT 59101 | Recordkeeping | $1,196 |
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 | $70,710 | $82,978-14.8% | $130,231-45.7% | $74,419-5.0% |
| Participation rate | 71.0% | 73.7%-2.7pp | 76.3%-5.3pp | 70.7%+0.2pp |
| Annual return | 19.85% | 123.05%-103.2pp | 38.77%-18.9pp | 34.38%-14.5pp |
| Employer contribution / active EE | $3,953 | $3,391+16.5% | $4,126-4.2% | $2,637+49.9% |
| Participant deferral / active EE | $6,599 | $5,370+22.9% | $6,799-2.9% | $4,528+45.7% |
| Admin fee / account holder | $291 | $354-17.7% | $6,020-95.2% | $348-16.3% |