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 7-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-DEALER3+ years Filed as: ADP, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $1,768 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $6,604 | $58,879-88.8% | $178,490-96.3% | $73,488-91.0% |
| Participation rate | 32.5% | 66.2%-33.8pp | 81.9%-49.5pp | 70.7%-38.2pp |
| Annual return | 62.71% | 24.86%+37.9pp | 151.07%-88.4pp | 28.51%+34.2pp |
| Employer contribution / active EE | $233 | $2,236-89.6% | $5,011-95.3% | $2,270-89.7% |
| Participant deferral / active EE | $816 | $2,567-68.2% | $5,202-84.3% | $3,740-78.2% |
| Admin fee / account holder | $45 | $400-88.8% | $13,984-99.7% | $513-91.3% |