Filed August 29, 2023
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 |
|---|---|---|
ARPS LLC1 year Service code 49 · EIN 52-2025778 11350 MCCORMICK ROAD · HUNT VALLEY, MD 21031 | Other Services | $0 |
RAMSCO, INC2 years Service code 49 · EIN 52-1728988 EXECUTIVE PLAZA I STE 802 · HUNT VALLEY, MD 21031 | Other Services | $0 |
WELLS FARGO BANK, N.A.1 year Filed as: WELLS FARGO CLEARING SERVICES LLC Service code 99 · EIN 34-1542819 1525 WEST W.T. HARRIS BLVD · CHARLOTTE, NC 28262 | Other Fees | $0 |
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 | $24,795 | $50,199-50.6% | $70,092-64.6% | $66,914-62.9% |
| Participation rate | 99.0% | 66.3%+32.7pp | 70.5%+28.5pp | 69.8%+29.2pp |
| Annual return | -14.42% | -13.85%-0.6pp | 190.73%-205.2pp | 1.58%-16.0pp |
| Employer contribution / active EE | $2,381 | $1,864+27.8% | $2,559-6.9% | $2,544-6.4% |
| Participant deferral / active EE | $6,002 | $3,112+92.8% | $3,849+55.9% | $4,237+41.7% |
| Admin fee / account holder | $128 | $600-78.7% | $6,267-98.0% | $593-78.5% |