Filed June 25, 2019
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 |
|---|---|---|
Service code 15 · EIN 39-1828175 | Recordkeeping | $21,889 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $11,951 |
ADP BROKER-DEALER2+ 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.)
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 | $82,194 | $67,411+21.9% | $91,001-9.7% | $70,131+17.2% |
| Participation rate | 84.9% | 71.4%+13.5pp | 75.6%+9.3pp | 69.5%+15.3pp |
| Annual return | 16.11% | -40.16%+56.3pp | 4.60%+11.5pp | 73.14%-57.0pp |
| Employer contribution / active EE | $386 | $1,786-78.4% | $2,456-84.3% | $2,342-83.5% |
| Participant deferral / active EE | $4,109 | $2,823+45.6% | $3,547+15.8% | $3,332+23.3% |
| Admin fee / account holder | $368 | $4,236-91.3% | $5,417-93.2% | $4,645-92.1% |