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.5 years Service code 15 · EIN 23-1945930 | Recordkeeping | $17,731 |
COMMONWEALTH FINANCIAL NETWORK8+ 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 | $75,715 | $65,435+15.7% | $86,677-12.6% | $66,914+13.2% |
| Participation rate | 91.3% | 75.5%+15.8pp | 76.6%+14.7pp | 69.8%+21.5pp |
| Annual return | -14.67% | -10.89%-3.8pp | 35.91%-50.6pp | 1.58%-16.2pp |
| Employer contribution / active EE | $1,611 | $2,153-25.2% | $2,836-43.2% | $2,544-36.7% |
| Participant deferral / active EE | $5,535 | $4,100+35.0% | $4,656+18.9% | $4,237+30.6% |
| Admin fee / account holder | $259 | $642-59.6% | $7,493-96.5% | $593-56.3% |