Filed April 3, 2024 (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 |
|---|---|---|
Service code 15 · EIN 01-0233346 P O BOX 600 · BUFFALO, NY 142010600 | Recordkeeping | $2,299 |
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 | $95,376 | $81,474+17.1% | $133,956-28.8% | $73,488+29.8% |
| Participation rate | 93.3% | 76.4%+16.9pp | 79.8%+13.4pp | 70.7%+22.6pp |
| Annual return | 17.76% | 19.40%-1.6pp | 45.09%-27.3pp | 28.51%-10.8pp |
| Employer contribution / active EE | $1,698 | $2,209-23.2% | $3,919-56.7% | $2,270-25.2% |
| Participant deferral / active EE | $4,965 | $3,786+31.1% | $5,048-1.6% | $3,740+32.8% |
| Admin fee / account holder | $406 | $713-43.1% | $8,927-95.5% | $513-20.9% |