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 |
|---|---|---|
Service code 27 PO BOX 735399 · DALLAS, TX 753735399 | Advisory (Plan) | $67,454 |
BAKER TILLY US, LLP9+ years Filed as: BAKER TILLY VIRCHOW KRAUSE, LLP Service code 10 2599 WILMINGTON RD · NEW CASTLE, PA 16105 | Accounting | $17,550 |
CONRAD SIEGEL1 year Filed as: CONRAD M SIEGEL INC DBA CONRAD SIEG Service code 13 501 CORPORATE CIR PO BOX 5900 · HARRISBURG, PA 171100900 | Contract Administrator | $12,707 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $4,200 |
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.)
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 | $104,282 | $92,055+13.3% | $106,213-1.8% | $77,643+34.3% |
| Participation rate | 68.8% | 81.0%-12.2pp | 75.3%-6.5pp | 70.6%-1.8pp |
| Annual return | 196.34% | 17.91%+178.4pp | 116.14%+80.2pp | 31.24%+165.1pp |
| Employer contribution / active EE | $1,015 | $3,367-69.9% | $3,171-68.0% | $2,726-62.8% |
| Participant deferral / active EE | $3,661 | $5,386-32.0% | $5,016-27.0% | $4,647-21.2% |
| Admin fee / account holder | $385 | $219+75.6% | $11,033-96.5% | $430-10.7% |