Filed April 19, 2022
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-DEALER4+ years Filed as: ADP, LLC Service code 37 · EIN 13-3036745 | Loan Processing | $285 |
ADP BROKER-DEALER4+ years Service code 59 · EIN 22-3319984 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $58,103 | $44,221+31.4% | $121,196-52.1% | $56,287+3.2% |
| Participation rate | 37.6% | 61.1%-23.4pp | 71.7%-34.1pp | 69.9%-32.2pp |
| Annual return | -7.83% | -3.58%-4.3pp | 16.93%-24.8pp | -9.96%+2.1pp |
| Employer contribution / active EE | $609 | $1,480-58.9% | $4,022-84.9% | $2,111-71.2% |
| Participant deferral / active EE | $1,667 | $2,521-33.9% | $3,344-50.2% | $3,350-50.2% |
| Admin fee / account holder | $3 | $480-99.3% | $5,019-99.9% | $521-99.4% |