Filed February 23, 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 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 | $275 |
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 | $23,612 | $48,313-51.1% | $73,307-67.8% | $52,331-54.9% |
| Participation rate | 62.5% | 68.6%-6.1pp | 74.9%-12.4pp | 68.1%-5.6pp |
| Annual return | 20.61% | 3.85%+16.8pp | 5.67%+14.9pp | 4.54%+16.1pp |
| Employer contribution / active EE | $0 | $1,661-100.0% | $3,237-100.0% | $1,882-100.0% |
| Participant deferral / active EE | $9,507 | $4,189+127.0% | $4,991+90.5% | $3,022+214.6% |
| Admin fee / account holder | $2 | $404-99.4% | $5,637-100.0% | $592-99.6% |