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-DEALER1 year Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $3,292 |
ADP BROKER-DEALER6+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
LPL FINANCIAL5+ 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.
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 | $43,016 | $136,307-68.4% | $177,821-75.8% | $73,488-41.5% |
| Participation rate | 75.3% | 86.1%-10.8pp | 87.7%-12.4pp | 70.7%+4.6pp |
| Annual return | 17.15% | 18.68%-1.5pp | 48.32%-31.2pp | 28.51%-11.4pp |
| Employer contribution / active EE | $957 | $3,712-74.2% | $5,918-83.8% | $2,270-57.9% |
| Participant deferral / active EE | $4,315 | $5,829-26.0% | $7,714-44.1% | $3,740+15.4% |
| Admin fee / account holder | $20 | $596-96.6% | $12,427-99.8% | $513-96.1% |