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-DEALER2+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,675 |
ADP BROKER-DEALER2+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO ADVISORS Service code 49 28100 US HIGHWAY 19 NORTH · CLEARWATER, FL 33761 | Other Services | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,285 | $42,546-80.5% | $71,796-88.5% | $55,167-85.0% |
| Participation rate | 97.1% | 59.1%+38.0pp | 69.1%+28.0pp | 69.0%+28.1pp |
| Annual return | 4.08% | 12.36%-8.3pp | 78.04%-74.0pp | 169.23%-165.1pp |
| Employer contribution / active EE | $243 | $803-69.8% | $1,924-87.4% | $1,963-87.6% |
| Participant deferral / active EE | $2,732 | $2,064+32.3% | $2,794-2.2% | $3,054-10.6% |
| Admin fee / account holder | $14 | $650-97.8% | $4,815-99.7% | $504-97.1% |