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 | $66,998 |
LPL FINANCIAL5 years Filed as: LPL FINANCIAL LLC Service code 49 · EIN 95-2834236 | Other Services | $21,386 |
EISNERAMPER LLP5 years Filed as: EISNER AMPER LLP Service code 10 · EIN 13-1639826 | Accounting | $15,045 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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 | $74,710 | $48,335+54.6% | $121,098-38.3% | $71,457+4.6% |
| Participation rate | 95.7% | 54.3%+41.5pp | 69.5%+26.2pp | 67.9%+27.8pp |
| Annual return | 9.73% | 23.32%-13.6pp | 985.75%-976.0pp | 28.85%-19.1pp |
| Employer contribution / active EE | $1,843 | $1,489+23.8% | $4,164-55.7% | $2,588-28.8% |
| Participant deferral / active EE | $7,047 | $2,754+155.9% | $4,080+72.7% | $4,289+64.3% |
| Admin fee / account holder | $424 | $1,841-77.0% | $5,644-92.5% | $1,587-73.3% |