Filed August 31, 2021
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-DEALER4+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $2,245 |
ADP BROKER-DEALER4+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
LPL FINANCIAL3+ years Service code 49 138 NASSAU ST 3RD FL · PRINCETON, NJ 08542 | Other Services | $0 |
Employer 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 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 | $23,811 | $79,523-70.1% | $140,016-83.0% | $56,287-57.7% |
| Participation rate | 79.6% | 85.7%-6.1pp | 87.5%-7.9pp | 69.9%+9.7pp |
| Annual return | -3.66% | 2.39%-6.1pp | 651.12%-654.8pp | -9.96%+6.3pp |
| Employer contribution / active EE | $1,054 | $3,350-68.5% | $5,606-81.2% | $2,111-50.1% |
| Participant deferral / active EE | $4,692 | $5,129-8.5% | $6,927-32.3% | $3,350+40.1% |
| Admin fee / account holder | $14 | $614-97.8% | $10,705-99.9% | $521-97.4% |