Filed April 1, 2021
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 6-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 64 · EIN 04-2647786 | Recordkeeping Fees | $25 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,557 | $119,446-66.0% | $150,045-73.0% | $85,563-52.6% |
| Participation rate | 98.4% | 75.4%+23.0pp | 82.3%+16.1pp | 66.0%+32.4pp |
| Annual return | 19.12% | 23.72%-4.6pp | 62.55%-43.4pp | 31.51%-12.4pp |
| Employer contribution / active EE | $5,632 | $4,078+38.1% | $4,693+20.0% | $2,654+112.3% |
| Participant deferral / active EE | $12,858 | $7,985+61.0% | $7,997+60.8% | $4,375+193.9% |
| Admin fee / account holder | $331 | $548-39.5% | $13,435-97.5% | $834-60.3% |