Filed December 28, 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 64 · EIN 71-0294708 | Recordkeeping Fees | $74,570 |
Filed as: MML INVESTORS SERVICES INC Service code 99 · EIN 04-2746212 | Other Fees | $40,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $42,158 | $46,292-8.9% | $143,757-70.7% | $64,808-34.9% |
| Participation rate | 52.4% | 64.2%-11.8pp | 80.3%-27.9pp | 71.5%-19.1pp |
| Annual return | -15.23% | -10.05%-5.2pp | -0.04%-15.2pp | 32.82%-48.1pp |
| Employer contribution / active EE | $956 | $1,910-49.9% | $4,951-80.7% | $2,506-61.8% |
| Participant deferral / active EE | $2,631 | $2,646-0.6% | $5,637-53.3% | $4,310-39.0% |
| Admin fee / account holder | $151 | $154-1.6% | $14,673-99.0% | $188-19.5% |