Filed December 11, 2024
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 |
|---|---|---|
REGIONS BANK4+ years Filed as: REGIONS BANK DBA REGIONS TRUST Service code 15 · EIN 63-0371391 | Recordkeeping | $40,853 |
ADP BROKER-DEALER4+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $18,440 |
ADP BROKER-DEALER4+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $89,199 | $48,576+83.6% | $169,463-47.4% | $56,287+58.5% |
| Participation rate | 91.9% | 65.8%+26.1pp | 77.8%+14.1pp | 69.9%+22.1pp |
| Annual return | -4.69% | -2.51%-2.2pp | 1.83%-6.5pp | -9.96%+5.3pp |
| Employer contribution / active EE | $3,093 | $1,559+98.4% | $4,159-25.6% | $2,111+46.5% |
| Participant deferral / active EE | $8,989 | $3,275+174.5% | $5,277+70.4% | $3,350+168.4% |
| Admin fee / account holder | $317 | $435-27.0% | $9,109-96.5% | $521-39.1% |