Filed February 12, 2015
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
401K ADVISORS INC5 years Service code 15 · EIN 33-0905143 | Recordkeeping | $34,675 |
ADP BROKER-DEALER6 years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $5,315 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $113,536 | $87,870+29.2% | $113,168+0.3% | $74,304+52.8% |
| Participation rate | 63.5% | 70.7%-7.3pp | 76.6%-13.1pp | 60.3%+3.1pp |
| Annual return | 14.86% | 26.44%-11.6pp | 24.27%-9.4pp | 29.43%-14.6pp |
| Employer contribution / active EE | $1,548 | $2,277-32.0% | $2,975-48.0% | $2,241-30.9% |
| Participant deferral / active EE | $3,973 | $4,241-6.3% | $5,107-22.2% | $3,767+5.5% |
| Admin fee / account holder | $409 | $3,368-87.9% | $12,068-96.6% | $2,969-86.2% |