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-DEALER3+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $1,785 |
ADP BROKER-DEALER3+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
PFS INVESTMENTS2 years 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 | $19,084 | $52,639-63.7% | $185,117-89.7% | $62,292-69.4% |
| Participation rate | 85.0% | 63.9%+21.1pp | 77.3%+7.7pp | 69.5%+15.5pp |
| Annual return | 20.71% | 19.57%+1.1pp | 40.50%-19.8pp | 28.90%-8.2pp |
| Employer contribution / active EE | $251 | $1,483-83.1% | $4,182-94.0% | $2,042-87.7% |
| Participant deferral / active EE | $2,099 | $3,097-32.2% | $5,045-58.4% | $3,169-33.8% |
| Admin fee / account holder | $9 | $374-97.5% | $8,159-99.9% | $479-98.1% |