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-DEALER5+ years Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $3,631 |
ADP BROKER-DEALER5+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
LPL FINANCIAL4+ 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).
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 | $33,908 | $98,982-65.7% | $162,163-79.1% | $65,185-48.0% |
| Participation rate | 77.4% | 85.8%-8.4pp | 87.6%-10.2pp | 70.2%+7.2pp |
| Annual return | 29.20% | 24.84%+4.4pp | 115.59%-86.4pp | 29.38%-0.2pp |
| Employer contribution / active EE | $922 | $3,467-73.4% | $5,614-83.6% | $2,177-57.6% |
| Participant deferral / active EE | $4,254 | $5,384-21.0% | $7,298-41.7% | $3,514+21.1% |
| Admin fee / account holder | $22 | $596-96.2% | $10,843-99.8% | $847-97.4% |