Filed September 11, 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 |
|---|---|---|
THE VANGUARD GROUP, INC.2 years Service code 15 · EIN 23-1945930 | Recordkeeping | $120 |
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 | $36,970 | $65,557-43.6% | $105,738-65.0% | $56,287-34.3% |
| Participation rate | 12.1% | 63.4%-51.3pp | 76.3%-64.3pp | 69.9%-57.8pp |
| Annual return | -7.07% | -1.32%-5.8pp | 6.27%-13.3pp | -9.96%+2.9pp |
| Employer contribution / active EE | $488 | $1,788-72.7% | $3,268-85.1% | $2,111-76.9% |
| Participant deferral / active EE | $1,071 | $2,418-55.7% | $4,080-73.8% | $3,350-68.0% |
| Admin fee / account holder | $6 | $561-98.9% | $6,913-99.9% | $521-98.8% |