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 | $3,404 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $95,255 | $96,484-1.3% | $156,263-39.0% | $74,304+28.2% |
| Participation rate | 95.5% | 67.7%+27.8pp | 78.9%+16.6pp | 60.3%+35.1pp |
| Annual return | 19.73% | 17.73%+2.0pp | 59.47%-39.7pp | 29.43%-9.7pp |
| Employer contribution / active EE | $988 | $2,528-60.9% | $4,333-77.2% | $2,241-55.9% |
| Participant deferral / active EE | $5,515 | $4,286+28.7% | $6,158-10.5% | $3,767+46.4% |
| Admin fee / account holder | $351 | $3,728-90.6% | $14,255-97.5% | $2,969-88.2% |