Filed December 13, 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $54,405 |
LPL FINANCIAL2+ years Service code 27 · EIN 04-3046611 | Advisory (Plan) | $35,000 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $66,404 | $65,820+0.9% | $108,745-38.9% | $57,658+15.2% |
| Participation rate | 81.5% | 72.7%+8.8pp | 77.7%+3.8pp | 70.2%+11.3pp |
| Annual return | 11.09% | 21.32%-10.2pp | 46.22%-35.1pp | 5.13%+6.0pp |
| Employer contribution / active EE | $1,955 | $2,285-14.5% | $3,323-41.2% | $1,974-1.0% |
| Participant deferral / active EE | $4,228 | $3,578+18.2% | $5,121-17.5% | $3,061+38.1% |
| Admin fee / account holder | $215 | $91+135.6% | $6,144-96.5% | $95+127.1% |