Filed June 29, 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 |
|---|---|---|
Filed as: RESOURCES INVESTMENT ADVISORS, INC. Service code 15 · EIN 43-1451524 | Recordkeeping | $32,125 |
ADP BROKER-DEALER1 year Filed as: ADP, LLC Service code 15 · EIN 13-3036745 | Recordkeeping | $18,644 |
ADP BROKER-DEALER1 year Service code 49 · EIN 22-3319984 | Other Services | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $37,880 | $88,515-57.2% | $162,163-76.6% | $67,579-43.9% |
| Participation rate | 93.0% | 86.8%+6.2pp | 87.6%+5.5pp | 71.3%+21.8pp |
| Annual return | 446.19% | 27.04%+419.2pp | 115.59%+330.6pp | 378.56%+67.6pp |
| Employer contribution / active EE | $1,435 | $3,563-59.7% | $5,614-74.4% | $2,148-33.2% |
| Participant deferral / active EE | $2,735 | $5,724-52.2% | $7,298-62.5% | $3,539-22.7% |
| Admin fee / account holder | $100 | $124-19.3% | $10,843-99.1% | $142-29.9% |