Filed January 3, 2025
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, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,200 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
PFS INVESTMENTS1 year Filed as: PFS SECURITIES INC Service code 49 17200 PEARL RD STE 200 · CLEVELAND, OH 44136 | Other Services | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,933 | $50,898-66.7% | $171,082-90.1% | $55,167-69.3% |
| Participation rate | 85.8% | 63.3%+22.6pp | 76.7%+9.1pp | 69.0%+16.8pp |
| Annual return | 8.34% | 15.34%-7.0pp | 32.56%-24.2pp | 169.23%-160.9pp |
| Employer contribution / active EE | $209 | $1,433-85.4% | $4,002-94.8% | $1,963-89.3% |
| Participant deferral / active EE | $1,861 | $2,994-37.8% | $4,797-61.2% | $3,054-39.1% |
| Admin fee / account holder | $7 | $500-98.6% | $8,520-99.9% | $504-98.6% |