Filed April 2, 2024
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: COTA STREET INVESTMENT MANAGEMENT Service code 28 24 E. COTA STREET · SANTA BARBARA, CA 93101 | Investment Management | $375,711 |
Filed as: EMPOWER LIFE & ANNUITY INSURANCE Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $255,531 |
Service code 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $183,400 |
FREED MAXICK CPAS PC2 years Service code 10 424 MAIN ST STE 800 · BUFFALO, NY 14202 | Accounting | $33,400 |
BOND, SCHOENECK & KING, PLLC7 years Filed as: BOND SCHOENECK & KING PLLC Service code 29 PO BOX 11607 · SYRACUSE, NY 13218 | Legal | $14,175 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $31,573 | $89,178-64.6% | $91,541-65.5% | $102,872-69.3% |
| Participation rate | 98.7% | 79.7%+19.0pp | 69.8%+28.9pp | 73.0%+25.7pp |
| Annual return | 18.36% | 14.52%+3.8pp | 20.50%-2.1pp | 19.06%-0.7pp |
| Employer contribution / active EE | $1,134 | $3,455-67.2% | $2,505-54.7% | $3,526-67.9% |
| Participant deferral / active EE | $6,543 | $4,657+40.5% | $4,008+63.3% | $5,535+18.2% |
| Admin fee / account holder | $101 | $134-24.8% | $6,956-98.6% | $292-65.5% |