Filed June 28, 2023
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 |
|---|---|---|
Filed as: DWORKEN HILLMAN LAMORTE & STERCZAL Service code 10 · EIN 06-1308345 | Accounting | $16,500 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $15,018 |
Service code 37 · EIN 04-2647786 OPERATIONS CO INC. 82 DEVONSHIRE ST · BOSTON, MA 02109 | Loan Processing | $6,275 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $70,784 | $42,810+65.3% | $169,463-58.2% | $55,725+27.0% |
| Participation rate | 42.0% | 64.7%-22.7pp | 77.8%-35.8pp | 70.9%-28.9pp |
| Annual return | -6.09% | -3.61%-2.5pp | 1.83%-7.9pp | 244.93%-251.0pp |
| Employer contribution / active EE | $288 | $1,402-79.5% | $4,159-93.1% | $2,078-86.1% |
| Participant deferral / active EE | $2,884 | $3,141-8.2% | $5,277-45.3% | $3,356-14.0% |
| Admin fee / account holder | $71 | $106-32.9% | $9,109-99.2% | $115-37.9% |