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 | $73,360+483.2% | $177,989+140.4% | $74,495+474.3% |
| Participation rate | 100.0% | 66.6%+33.4pp | 77.1%+22.9pp | 67.2%+32.8pp |
| Annual return | 14.33% | 17.49%-3.2pp | 294.48%-280.2pp | 1364.94%-1350.6pp |
| Employer contribution / active EE | $26,422 | $2,216+1092.1% | $3,949+569.1% | $2,623+907.3% |
| Participant deferral / active EE | $36,063 | $4,513+699.0% | $6,276+474.6% | $4,346+729.8% |
| Admin fee / account holder | $359 | $1,808-80.1% | $10,363-96.5% | $1,942-81.5% |