Filed December 15, 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 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 |
|---|---|---|
ADP BROKER-DEALER5 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $16,145 |
ADP BROKER-DEALER3 years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $21,936 | $50,820-56.8% | $155,567-85.9% | $77,671-71.8% |
| Participation rate | 98.5% | 63.1%+35.3pp | 78.2%+20.3pp | 70.6%+27.9pp |
| Annual return | 11.90% | 34.85%-23.0pp | 64.74%-52.8pp | 31.21%-19.3pp |
| Employer contribution / active EE | $1,371 | $1,993-31.2% | $4,674-70.7% | $2,726-49.7% |
| Participant deferral / active EE | $2,592 | $2,823-8.2% | $5,628-53.9% | $4,648-44.2% |
| Admin fee / account holder | $50 | $436-88.5% | $15,916-99.7% | $430-88.3% |