See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ADP BROKER-DEALER1+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $19,877 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant 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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,196 | $88,083-89.6% | $164,813-94.4% | $74,495-87.7% |
| Participation rate | 67.7% | 73.0%-5.4pp | 78.6%-10.9pp | 67.2%+0.5pp |
| Annual return | 0.00% | 17.26%-17.3pp | 69.93%-69.9pp | 1364.94%-1364.9pp |
| Employer contribution / active EE | $1,459 | $2,593-43.7% | $4,341-66.4% | $2,623-44.4% |
| Participant deferral / active EE | $2,189 | $4,498-51.3% | $6,031-63.7% | $4,346-49.6% |
| Admin fee / account holder | $149 | $2,234-93.3% | $12,690-98.8% | $1,942-92.3% |