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-DEALER3 years Filed as: ADP, INC. Service code 37 · EIN 13-3036745 | Loan Processing | $380 |
ADP BROKER-DEALER8+ 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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $66,087 | $45,602+44.9% | $117,472-43.7% | $66,914-1.2% |
| Participation rate | 52.7% | 57.6%-4.9pp | 70.6%-17.9pp | 69.8%-17.1pp |
| Annual return | -16.26% | -16.74%+0.5pp | 29.74%-46.0pp | 1.58%-17.8pp |
| Employer contribution / active EE | $1,306 | $1,579-17.2% | $4,176-68.7% | $2,544-48.6% |
| Participant deferral / active EE | $2,990 | $2,845+5.1% | $4,070-26.5% | $4,237-29.4% |
| Admin fee / account holder | $4 | $661-99.5% | $5,645-99.9% | $593-99.4% |