Filed August 30, 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 |
|---|---|---|
THE VANGUARD GROUP, INC.4 years Service code 15 · EIN 23-1945930 | Recordkeeping | $16,600 |
COMMONWEALTH FINANCIAL NETWORK7+ years Service code 27 29 SAWYER RD. · WALTHAM, MA 02453 | Advisory (Plan) | $16,000 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $90,430 | $84,936+6.5% | $111,297-18.7% | $79,386+13.9% |
| Participation rate | 91.1% | 75.9%+15.2pp | 77.3%+13.8pp | 70.7%+20.4pp |
| Annual return | 17.52% | 17.45%+0.1pp | 54.65%-37.1pp | 116.85%-99.3pp |
| Employer contribution / active EE | $1,006 | $1,979-49.2% | $2,731-63.2% | $2,427-58.6% |
| Participant deferral / active EE | $4,971 | $3,888+27.9% | $4,487+10.8% | $4,046+22.9% |
| Admin fee / account holder | $267 | $537-50.3% | $7,964-96.6% | $626-57.3% |