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.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $18,220 |
PKF O'CONNOR DAVIES, LLP3 years Filed as: PKF O'CONNOR DAVIES Service code 10 · EIN 27-1728945 | Accounting | $17,500 |
Service code 37 · EIN 04-2647786 OPERATIONS CO INC. 82 DEVONSHIRE ST · BOSTON, MA 02109 | Loan Processing | $0 |
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.
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 | $113,195 | $60,607+86.8% | $189,557-40.3% | $86,799+30.4% |
| Participation rate | 42.6% | 68.9%-26.3pp | 78.4%-35.9pp | 72.3%-29.7pp |
| Annual return | 17.84% | 65.18%-47.3pp | 64.17%-46.3pp | 97.91%-80.1pp |
| Employer contribution / active EE | $332 | $1,626-79.6% | $4,412-92.5% | $2,405-86.2% |
| Participant deferral / active EE | $3,349 | $3,895-14.0% | $6,174-45.8% | $4,131-18.9% |
| Admin fee / account holder | $77 | $159-51.8% | $9,807-99.2% | $170-54.9% |