Filed May 19, 2023
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 06-1050034 | Contract Administrator | $3,819 |
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $30,793 | $72,770-57.7% | $67,652-54.5% | $55,191-44.2% |
| Participation rate | 85.2% | 78.8%+6.4pp | 75.7%+9.6pp | 69.2%+16.1pp |
| Annual return | 1.59% | -3.26%+4.9pp | 6625.04%-6623.5pp | 10.78%-9.2pp |
| Employer contribution / active EE | $0 | $1,769-100.0% | $2,266-100.0% | $1,899-100.0% |
| Participant deferral / active EE | $2,978 | $3,408-12.6% | $3,560-16.3% | $3,046-2.2% |
| Admin fee / account holder | $15 | $79-80.8% | $4,821-99.7% | $91-83.3% |