Filed September 29, 2020 (most recent of 2 filings on file)
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 |
|---|---|---|
USI CONSULTING GROUP1 year Service code 15 · EIN 06-1053228 | Recordkeeping | $8,379 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO INC. Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.9+ years Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB TRUST BANK Service code 25 · EIN 82-3967259 | Directed Trustee | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,939 | $91,762-75.0% | $67,502-66.0% | $77,643-70.5% |
| Participation rate | 66.6% | 75.9%-9.3pp | 72.9%-6.3pp | 70.6%-4.0pp |
| Annual return | 15.01% | 14.87%+0.1pp | 3512.12%-3497.1pp | 31.24%-16.2pp |
| Employer contribution / active EE | $1,483 | $3,181-53.4% | $2,731-45.7% | $2,726-45.6% |
| Participant deferral / active EE | $1,576 | $3,903-59.6% | $4,000-60.6% | $4,647-66.1% |
| Admin fee / account holder | $16 | $176-90.6% | $3,998-99.6% | $430-96.2% |