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.8 years Service code 15 · EIN 23-1945930 | Recordkeeping | $17,803 |
COMMONWEALTH FINANCIAL NETWORK11+ 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 | $108,543 | $87,870+23.5% | $113,168-4.1% | $74,304+46.1% |
| Participation rate | 93.3% | 70.7%+22.6pp | 76.6%+16.8pp | 60.3%+33.0pp |
| Annual return | 14.81% | 26.44%-11.6pp | 24.27%-9.5pp | 29.43%-14.6pp |
| Employer contribution / active EE | $1,594 | $2,277-30.0% | $2,975-46.4% | $2,241-28.9% |
| Participant deferral / active EE | $5,786 | $4,241+36.4% | $5,107+13.3% | $3,767+53.6% |
| Admin fee / account holder | $230 | $3,368-93.2% | $12,068-98.1% | $2,969-92.3% |