Filed November 26, 2018
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 3-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, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $151,041 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,408 | $62,688-91.4% | $178,014-97.0% | $77,671-93.0% |
| Participation rate | 93.9% | 66.9%+27.0pp | 77.1%+16.8pp | 70.6%+23.3pp |
| Annual return | 12.06% | 16.16%-4.1pp | 294.80%-282.7pp | 31.21%-19.2pp |
| Employer contribution / active EE | $1,588 | $1,912-16.9% | $3,950-59.8% | $2,726-41.8% |
| Participant deferral / active EE | $2,922 | $4,224-30.8% | $6,276-53.4% | $4,648-37.1% |
| Admin fee / account holder | $184 | $386-52.2% | $10,362-98.2% | $430-57.2% |