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 27 · EIN 37-1707957 | Advisory (Plan) | $42,878 |
Service code 37 · EIN 04-2647786 | Loan Processing | $32,500 |
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 | $134,748 | $136,307-1.1% | $177,821-24.2% | $73,488+83.4% |
| Participation rate | 99.2% | 86.1%+13.1pp | 87.7%+11.4pp | 70.7%+28.5pp |
| Annual return | 15.53% | 18.68%-3.1pp | 48.32%-32.8pp | 28.51%-13.0pp |
| Employer contribution / active EE | $2,158 | $3,712-41.9% | $5,918-63.5% | $2,270-4.9% |
| Participant deferral / active EE | $5,779 | $5,829-0.8% | $7,714-25.1% | $3,740+54.5% |
| Admin fee / account holder | $503 | $596-15.5% | $12,427-96.0% | $513-1.9% |