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 |
|---|---|---|
Service code 15 · EIN 20-4056274 | Recordkeeping | $10,294 |
ADP BROKER-DEALER1+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $3,393 |
ADP BROKER-DEALER1+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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.
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 | $8,861 | $30,633-71.1% | $67,711-86.9% | $67,505-86.9% |
| Participation rate | 4.6% | 35.6%-30.9pp | 67.5%-62.9pp | 71.2%-66.6pp |
| Annual return | 21.43% | 9.81%+11.6pp | 25.41%-4.0pp | 6.52%+14.9pp |
| Employer contribution / active EE | $1 | $771-99.9% | $2,559-100.0% | $2,173-100.0% |
| Participant deferral / active EE | $170 | $1,242-86.3% | $3,585-95.3% | $3,597-95.3% |
| Admin fee / account holder | $44 | $71-37.5% | $4,255-99.0% | $56-20.8% |