Filed January 15, 2020 (most recent of 2 filings on file)
Total covered: 10 employees
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $52,219 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $1,035 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $87,993 | $79,171+11.1% | $102,423-14.1% | $74,495+18.1% |
| Participation rate | 66.2% | 74.8%-8.6pp | 76.5%-10.3pp | 67.2%-1.0pp |
| Annual return | -80.28% | 54.93%-135.2pp | 29.32%-109.6pp | 1364.94%-1445.2pp |
| Employer contribution / active EE | $2,686 | $2,362+13.7% | $3,023-11.2% | $2,623+2.4% |
| Participant deferral / active EE | $4,233 | $4,415-4.1% | $5,053-16.2% | $4,346-2.6% |
| Admin fee / account holder | $304 | $2,001-84.8% | $9,451-96.8% | $1,942-84.3% |