Filed June 26, 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $50,333 |
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 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 | $32,135 | $86,338-62.8% | $91,989-65.1% | $77,787-58.7% |
| Participation rate | 70.7% | 82.9%-12.2pp | 78.6%-7.9pp | 73.2%-2.5pp |
| Annual return | 57.13% | 29.65%+27.5pp | 69.02%-11.9pp | 32.57%+24.6pp |
| Employer contribution / active EE | $0 | $2,988-100.0% | $3,452-100.0% | $2,504-100.0% |
| Participant deferral / active EE | $7,230 | $6,908+4.7% | $5,923+22.1% | $3,967+82.2% |
| Admin fee / account holder | $44 | $79-44.5% | $7,743-99.4% | $100-56.0% |