Filed June 20, 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 9-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 |
|---|---|---|
Filed as: RESOURCES INVESTMENT ADVISORS, INC. Service code 15 · EIN 43-1451524 | Recordkeeping | $82,732 |
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $10,548 |
ADP BROKER-DEALER9+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $112,985 | $106,028+6.6% | $146,958-23.1% | $77,643+45.5% |
| Participation rate | 33.7% | 78.4%-44.6pp | 82.2%-48.4pp | 70.6%-36.8pp |
| Annual return | 19.04% | 56.73%-37.7pp | 418.34%-399.3pp | 31.24%-12.2pp |
| Employer contribution / active EE | $1,739 | $4,063-57.2% | $4,933-64.7% | $2,726-36.2% |
| Participant deferral / active EE | $6,533 | $7,990-18.2% | $8,070-19.0% | $4,647+40.6% |
| Admin fee / account holder | $302 | $337-10.5% | $12,998-97.7% | $430-29.9% |