Filed December 12, 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 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 | $565 |
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 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 | $5,880 | $44,873-86.9% | $79,464-92.6% | $56,287-89.6% |
| Participation rate | 95.4% | 68.7%+26.6pp | 73.3%+22.0pp | 69.9%+25.5pp |
| Annual return | -7.93% | 0.81%-8.7pp | 718.14%-726.1pp | -9.96%+2.0pp |
| Employer contribution / active EE | $523 | $2,140-75.6% | $2,800-81.3% | $2,111-75.2% |
| Participant deferral / active EE | $2,043 | $2,746-25.6% | $3,704-44.8% | $3,350-39.0% |
| Admin fee / account holder | $3 | $418-99.2% | $5,113-99.9% | $521-99.4% |