Filed January 16, 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 |
|---|---|---|
APW CAPITAL INC4 years Service code 55 100 ENTERPRISE DR STE 504 · ROCKAWAY, NJ 07866 | Other Commissions | $46,358 |
BAKER TILLY US, LLP1 year Service code 10 4807 INNOVATE LN · MADISON, WI 53718 | Accounting | $9,425 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $1,500 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,452 | $79,428-8.8% | $106,548-32.0% | $79,386-8.7% |
| Participation rate | 68.7% | 74.1%-5.5pp | 76.1%-7.5pp | 70.7%-2.0pp |
| Annual return | 28.57% | 18.27%+10.3pp | 26.80%+1.8pp | 116.85%-88.3pp |
| Employer contribution / active EE | $503 | $2,234-77.5% | $2,819-82.2% | $2,427-79.3% |
| Participant deferral / active EE | $2,303 | $3,823-39.7% | $4,398-47.6% | $4,046-43.1% |
| Admin fee / account holder | $55 | $523-89.5% | $7,407-99.3% | $626-91.2% |