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-DEALER1 year Filed as: ADP, INC. Service code 37 · EIN 13-3036745 | Loan Processing | $95 |
ADP BROKER-DEALER6+ 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.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $77,036 | $53,901+42.9% | $134,143-42.6% | $73,488+4.8% |
| Participation rate | 39.7% | 62.8%-23.1pp | 72.2%-32.4pp | 70.7%-30.9pp |
| Annual return | 11.70% | 15.82%-4.1pp | 36.33%-24.6pp | 28.51%-16.8pp |
| Employer contribution / active EE | $671 | $1,458-54.0% | $3,704-81.9% | $2,270-70.5% |
| Participant deferral / active EE | $1,797 | $2,739-34.4% | $3,499-48.6% | $3,740-52.0% |
| Admin fee / account holder | $1 | $581-99.8% | $6,684-100.0% | $513-99.8% |