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 |
|---|---|---|
SPECTRUM INVESTMENT ADVISORS2 years Service code 15 · EIN 39-1828175 | Recordkeeping | $28,991 |
ADP BROKER-DEALER2 years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $8,549 |
ADP BROKER-DEALER3+ 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 | $81,582 | $61,660+32.3% | $80,019+2.0% | $64,186+27.1% |
| Participation rate | 70.1% | 71.7%-1.6pp | 75.8%-5.7pp | 69.6%+0.5pp |
| Annual return | -4.32% | -0.33%-4.0pp | 11.22%-15.5pp | 7.63%-12.0pp |
| Employer contribution / active EE | $391 | $1,810-78.4% | $2,468-84.2% | $2,381-83.6% |
| Participant deferral / active EE | $3,822 | $2,968+28.8% | $3,686+3.7% | $3,470+10.2% |
| Admin fee / account holder | $413 | $5,417-92.4% | $6,521-93.7% | $4,888-91.6% |