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-DEALER2 years Filed as: ADP, INC. Service code 37 · EIN 13-3036745 | Loan Processing | $380 |
ADP BROKER-DEALER7+ 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $82,072 | $61,052+34.4% | $142,863-42.6% | $79,386+3.4% |
| Participation rate | 37.6% | 60.1%-22.5pp | 71.9%-34.4pp | 70.7%-33.1pp |
| Annual return | 10.43% | 16.02%-5.6pp | 5637.54%-5627.1pp | 116.85%-106.4pp |
| Employer contribution / active EE | $662 | $1,481-55.3% | $4,144-84.0% | $2,427-72.7% |
| Participant deferral / active EE | $1,711 | $2,879-40.6% | $3,837-55.4% | $4,046-57.7% |
| Admin fee / account holder | $4 | $659-99.4% | $6,560-99.9% | $626-99.4% |