Filed November 12, 2020
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, INC. Service code 15 · EIN 13-3036745 | Recordkeeping | $73,153 |
RSM US LLP5 years Filed as: MCGLADREY & PULLEN Service code 15 · EIN 42-0714325 | Recordkeeping | $28,100 |
ADP BROKER-DEALER10+ years Service code 49 · EIN 22-3319984 | Other Services | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $427,806 | $73,397+482.9% | $178,014+140.3% | $74,546+473.9% |
| Participation rate | 100.0% | 66.6%+33.4pp | 77.1%+22.9pp | 67.2%+32.8pp |
| Annual return | 14.33% | 17.49%-3.2pp | 294.80%-280.5pp | 1366.03%-1351.7pp |
| Employer contribution / active EE | $26,422 | $2,217+1091.5% | $3,950+568.9% | $2,624+906.8% |
| Participant deferral / active EE | $36,063 | $4,512+699.3% | $6,276+474.6% | $4,347+729.5% |
| Admin fee / account holder | $359 | $1,809-80.2% | $10,362-96.5% | $1,944-81.5% |