Filed September 20, 2016
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 8-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 | $49,756 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL CORPORATION RPCP Service code 15 · EIN 95-2834236 | Recordkeeping | $12,719 |
ADP BROKER-DEALER3 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Employer contribution per participant 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.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $7,873 | $50,458-84.4% | $159,960-95.1% | $64,808-87.9% |
| Participation rate | 90.2% | 68.0%+22.2pp | 78.0%+12.3pp | 71.5%+18.8pp |
| Annual return | -16.81% | -13.42%-3.4pp | 408.60%-425.4pp | 32.82%-49.6pp |
| Employer contribution / active EE | $318 | $1,722-81.6% | $4,226-92.5% | $2,506-87.3% |
| Participant deferral / active EE | $2,032 | $4,004-49.2% | $6,182-67.1% | $4,310-52.9% |
| Admin fee / account holder | $110 | $706-84.4% | $8,698-98.7% | $188-41.5% |