Filed December 30, 2021
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 37 · EIN 04-2647786 | Loan Processing | $31,473 |
Service code 27 · EIN 37-1707957 | Advisory (Plan) | $30,593 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $112,706 | $98,982+13.9% | $162,163-30.5% | $65,185+72.9% |
| Participation rate | 98.4% | 85.8%+12.6pp | 87.6%+10.9pp | 70.2%+28.2pp |
| Annual return | 21.32% | 24.84%-3.5pp | 115.59%-94.3pp | 29.38%-8.1pp |
| Employer contribution / active EE | $3,851 | $3,467+11.1% | $5,614-31.4% | $2,177+76.9% |
| Participant deferral / active EE | $5,543 | $5,384+2.9% | $7,298-24.1% | $3,514+57.7% |
| Admin fee / account holder | $429 | $596-28.1% | $10,843-96.0% | $847-49.4% |