Filed May 4, 2022
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 3-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.3+ years Service code 15 · EIN 23-1945930 | Recordkeeping | $496,629 |
THE VANGUARD GROUP, INC.3+ years Filed as: VANGUARD ADVISERS INC. Service code 26 · EIN 23-2811930 | Advisory (Participants) | $110,874 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $24,761 | $57,150-56.7% | $93,606-73.5% | $106,382-76.7% |
| Participation rate | 33.1% | 49.1%-16.0pp | 68.7%-35.6pp | 69.9%-36.7pp |
| Annual return | 18.47% | 15.81%+2.7pp | 133.20%-114.7pp | 17.37%+1.1pp |
| Employer contribution / active EE | $822 | $1,015-19.0% | $2,420-66.0% | $3,364-75.6% |
| Participant deferral / active EE | $1,708 | $1,853-7.8% | $4,411-61.3% | $5,569-69.3% |
| Admin fee / account holder | $69 | $64+6.7% | $8,285-99.2% | $79-13.4% |