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) | $53,217 |
Service code 37 · EIN 04-2647786 | Loan Processing | $37,210 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $146,626 | $130,194+12.6% | $169,993-13.7% | $71,457+105.2% |
| Participation rate | 95.0% | 86.1%+8.9pp | 87.0%+8.0pp | 67.9%+27.1pp |
| Annual return | 17.07% | 20.37%-3.3pp | 53.37%-36.3pp | 28.85%-11.8pp |
| Employer contribution / active EE | $2,499 | $4,381-43.0% | $6,785-63.2% | $2,588-3.4% |
| Participant deferral / active EE | $7,043 | $6,923+1.7% | $10,408-32.3% | $4,289+64.2% |
| Admin fee / account holder | $586 | $966-39.3% | $12,815-95.4% | $1,587-63.1% |