Filed October 20, 2024 (most recent of 3 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 12 320 PARK AVENUE · NEW YORK, NY 10022 | Participant loan processing; Recordke... | $7,544 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $12,768 | $65,908-80.6% | $81,812-84.4% | $77,643-83.6% |
| Participation rate | 98.1% | 65.8%+32.3pp | 72.3%+25.7pp | 70.6%+27.5pp |
| Annual return | 18.04% | 26.64%-8.6pp | 773.79%-755.8pp | 31.24%-13.2pp |
| Employer contribution / active EE | $2,482 | $2,370+4.7% | $2,912-14.8% | $2,726-8.9% |
| Participant deferral / active EE | $1,355 | $3,505-61.4% | $4,319-68.6% | $4,647-70.9% |
| Admin fee / account holder | $9 | $526-98.2% | $7,386-99.9% | $430-97.8% |