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 9-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 15 · EIN 13-3036745 | Recordkeeping | $26,276 |
LPL FINANCIAL1 year Service code 15 · EIN 04-3046611 | Recordkeeping | $9,094 |
ADP BROKER-DEALER2 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.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $17,581 | $42,353-58.5% | $79,550-77.9% | $64,808-72.9% |
| Participation rate | 25.5% | 64.8%-39.3pp | 69.5%-44.0pp | 71.5%-46.0pp |
| Annual return | -16.43% | -12.24%-4.2pp | 0.16%-16.6pp | 32.82%-49.3pp |
| Employer contribution / active EE | $497 | $1,181-57.9% | $2,413-79.4% | $2,506-80.2% |
| Participant deferral / active EE | $917 | $3,170-71.1% | $3,985-77.0% | $4,310-78.7% |
| Admin fee / account holder | $172 | $160+7.6% | $6,832-97.5% | $188-8.6% |