Filed January 11, 2024 (most recent of 2 filings on file)
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 |
|---|---|---|
MILLIMAN, INC.4+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $44,105 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $2,482,218 | $107,440+2210.3% | $105,738+2247.5% | $55,725+4354.4% |
| Participation rate | 0.0% | 55.5%-55.5pp | 76.3%-76.3pp | 70.9%-70.9pp |
| Annual return | -3.66% | -0.59%-3.1pp | 6.27%-9.9pp | 244.93%-248.6pp |
| Employer contribution / active EE | $1,698 | $1,448+17.3% | $3,268-48.0% | $2,078-18.3% |
| Participant deferral / active EE | $1,726 | $2,171-20.5% | $4,080-57.7% | $3,356-48.6% |
| Admin fee / account holder | $7,858 | $283+2673.2% | $6,913+13.7% | $115+6722.7% |