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-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $1,594 |
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 | $14,267 | $66,124-78.4% | $90,404-84.2% | $73,488-80.6% |
| Participation rate | 99.1% | 69.7%+29.4pp | 72.7%+26.4pp | 70.7%+28.4pp |
| Annual return | 22.82% | 17.65%+5.2pp | 1293.02%-1270.2pp | 28.51%-5.7pp |
| Employer contribution / active EE | $644 | $2,346-72.6% | $3,262-80.3% | $2,270-71.6% |
| Participant deferral / active EE | $2,356 | $3,039-22.5% | $3,963-40.6% | $3,740-37.0% |
| Admin fee / account holder | $10 | $396-97.4% | $5,611-99.8% | $513-98.0% |