Filed December 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 |
|---|---|---|
Service code 27 4340 REDWOOD HWY SUITE B60 · SAN RAFAEL, CA 94903 | Advisory (Plan) | $29,816 |
Service code 13 88 BOYD AVENUE · EAST PROVIDENCE, RI 02914 | Contract Administrator | $15,933 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $13,424 |
ENVIRONMENTAL CONTROL INC.3 years Filed as: ENVIRONMENTAL HEALTH & ENGINEERING Service code 99 180 WELLS AVE STE 200 · NEWTON, MA 02459 | Other Fees | $9,300 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $138,664 | $91,407+51.7% | $135,903+2.0% | $71,457+94.1% |
| Participation rate | 90.7% | 75.7%+15.1pp | 81.9%+8.8pp | 67.9%+22.8pp |
| Annual return | 16.60% | 29.90%-13.3pp | 68.23%-51.6pp | 28.85%-12.3pp |
| Employer contribution / active EE | $2,193 | $3,703-40.8% | $4,856-54.8% | $2,588-15.3% |
| Participant deferral / active EE | $9,200 | $7,092+29.7% | $7,758+18.6% | $4,289+114.5% |
| Admin fee / account holder | $722 | $1,266-43.0% | $10,762-93.3% | $1,587-54.5% |