Filed May 25, 2023 (most recent of 4 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $75,765 |
LPL FINANCIAL4 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $26,126 |
EISNERAMPER LLP4 years Filed as: EISNER AMPER LLP Service code 10 · EIN 13-1639826 | Accounting | $15,053 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $73,609 | $45,602+61.4% | $117,472-37.3% | $66,914+10.0% |
| Participation rate | 95.0% | 57.6%+37.4pp | 70.6%+24.4pp | 69.8%+25.2pp |
| Annual return | -10.94% | -16.74%+5.8pp | 29.74%-40.7pp | 1.58%-12.5pp |
| Employer contribution / active EE | $2,080 | $1,579+31.7% | $4,176-50.2% | $2,544-18.3% |
| Participant deferral / active EE | $8,178 | $2,845+187.4% | $4,070+100.9% | $4,237+93.0% |
| Admin fee / account holder | $512 | $661-22.5% | $5,645-90.9% | $593-13.7% |