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 | Recordkeeping | $4,954 |
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 | $89,216 | $88,083+1.3% | $164,813-45.9% | $74,495+19.8% |
| Participation rate | 97.2% | 73.0%+24.1pp | 78.6%+18.6pp | 67.2%+30.0pp |
| Annual return | 17.47% | 17.26%+0.2pp | 69.93%-52.5pp | 1364.94%-1347.5pp |
| Employer contribution / active EE | $1,674 | $2,593-35.4% | $4,341-61.4% | $2,623-36.2% |
| Participant deferral / active EE | $5,214 | $4,498+15.9% | $6,031-13.6% | $4,346+20.0% |
| Admin fee / account holder | $406 | $2,234-81.8% | $12,690-96.8% | $1,942-79.1% |