Filed January 13, 2023 (most recent of 3 filings on file)
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 |
|---|---|---|
Service code 13 · EIN 35-1140070 | Contract Administrator | $736 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,499 | $46,732-26.2% | $156,549-78.0% | $55,167-37.5% |
| Participation rate | 40.2% | 65.8%-25.6pp | 84.0%-43.8pp | 69.0%-28.8pp |
| Annual return | 4.40% | 17.72%-13.3pp | 32.23%-27.8pp | 169.23%-164.8pp |
| Employer contribution / active EE | $1,627 | $2,105-22.7% | $5,501-70.4% | $1,963-17.1% |
| Participant deferral / active EE | $616 | $2,204-72.0% | $4,871-87.3% | $3,054-79.8% |
| Admin fee / account holder | $228 | $418-45.4% | $13,027-98.2% | $504-54.7% |