Filed April 19, 2021 (most recent of 4 filings on file)
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 5-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+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $6,848 |
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.
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,405 | $77,197-96.9% | $86,874-97.2% | $93,030-97.4% |
| Participation rate | 22.1% | 78.2%-56.1pp | 71.6%-49.5pp | 73.9%-51.8pp |
| Annual return | 0.00% | 16.31%-16.3pp | 63.52%-63.5pp | 158.70%-158.7pp |
| Employer contribution / active EE | $0 | $2,514-100.0% | $2,495-100.0% | $2,706-100.0% |
| Participant deferral / active EE | $585 | $3,831-84.7% | $3,699-84.2% | $4,562-87.2% |
| Admin fee / account holder | $18 | $105-82.7% | $5,828-99.7% | $152-88.1% |