Filed December 11, 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 |
|---|---|---|
Filed as: RESOURCES INVESTMENT ADVISORS, INC. Service code 15 · EIN 43-1451524 | Recordkeeping | $31,645 |
ADP BROKER-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $5,928 |
ADP BROKER-DEALER1 year 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $116,325 | $101,724+14.4% | $164,813-29.4% | $80,856+43.9% |
| Participation rate | 85.1% | 71.8%+13.3pp | 78.6%+6.5pp | 67.6%+17.5pp |
| Annual return | 15.56% | 16.72%-1.2pp | 69.93%-54.4pp | 35.59%-20.0pp |
| Employer contribution / active EE | $3,077 | $2,953+4.2% | $4,341-29.1% | $2,755+11.7% |
| Participant deferral / active EE | $5,658 | $4,477+26.4% | $6,031-6.2% | $4,296+31.7% |
| Admin fee / account holder | $380 | $8,227-95.4% | $12,690-97.0% | $6,918-94.5% |