Filed May 22, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $18,325 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $15,593 |
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.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,069 | $62,127-27.5% | $81,382-44.6% | $74,495-39.5% |
| Participation rate | 66.7% | 64.0%+2.6pp | 69.5%-2.8pp | 67.2%-0.5pp |
| Annual return | 23.74% | 16.48%+7.3pp | 24.73%-1.0pp | 1364.94%-1341.2pp |
| Employer contribution / active EE | $2,161 | $1,882+14.8% | $2,463-12.3% | $2,623-17.6% |
| Participant deferral / active EE | $3,442 | $3,229+6.6% | $3,883-11.4% | $4,346-20.8% |
| Admin fee / account holder | $326 | $1,934-83.1% | $5,768-94.3% | $1,942-83.2% |