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 |
|---|---|---|
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $19,192 |
PKF O'CONNOR DAVIES, LLP1 year Filed as: PKF O'CONNOR DAVIES Service code 10 · EIN 27-1728945 | Accounting | $17,000 |
Service code 37 · EIN 04-2647786 OPERATIONS CO INC. 82 DEVONSHIRE ST · BOSTON, MA 02109 | Loan Processing | $4,786 |
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 | $89,140 | $48,471+83.9% | $182,532-51.2% | $67,579+31.9% |
| Participation rate | 42.6% | 67.2%-24.6pp | 78.0%-35.4pp | 71.3%-28.7pp |
| Annual return | 24.38% | 31.08%-6.7pp | 148.54%-124.2pp | 378.56%-354.2pp |
| Employer contribution / active EE | $300 | $1,461-79.5% | $4,076-92.6% | $2,148-86.0% |
| Participant deferral / active EE | $3,042 | $3,324-8.5% | $5,524-44.9% | $3,539-14.1% |
| Admin fee / account holder | $81 | $151-46.7% | $8,592-99.1% | $142-43.4% |