Filed May 4, 2022
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 | $37,479 |
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984 | Other Services | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $33,299 | $87,870-62.1% | $113,168-70.6% | $74,304-55.2% |
| Participation rate | 100.0% | 70.7%+29.3pp | 76.6%+23.4pp | 60.3%+39.7pp |
| Annual return | 781.03% | 26.44%+754.6pp | 24.27%+756.8pp | 29.43%+751.6pp |
| Employer contribution / active EE | $3,495 | $2,277+53.5% | $2,975+17.5% | $2,241+55.9% |
| Participant deferral / active EE | $5,804 | $4,241+36.9% | $5,107+13.6% | $3,767+54.1% |
| Admin fee / account holder | $182 | $3,368-94.6% | $12,068-98.5% | $2,969-93.9% |