Filed September 27, 2024 (most recent of 3 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 6-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 15 · EIN 01-0233346 601 CONGRESS STREET · BOSTON, MA 02210 | Recordkeeping | $2,468 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,917 | $49,915-74.1% | $154,803-91.7% | $74,304-82.6% |
| Participation rate | 99.1% | 54.0%+45.1pp | 78.1%+21.0pp | 60.3%+38.7pp |
| Annual return | 12.64% | 34.06%-21.4pp | 58.88%-46.2pp | 29.43%-16.8pp |
| Employer contribution / active EE | $1,973 | $1,611+22.4% | $4,305-54.2% | $2,241-12.0% |
| Participant deferral / active EE | $522 | $2,255-76.9% | $5,540-90.6% | $3,767-86.1% |
| Admin fee / account holder | $137 | $2,189-93.7% | $14,329-99.0% | $2,969-95.4% |