Filed January 29, 2021 (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 | $38,737 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $34,137 |
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 | $154,539 | $65,409+136.3% | $98,442+57.0% | $85,850+80.0% |
| Participation rate | 91.2% | 65.0%+26.2pp | 73.3%+17.9pp | 69.3%+21.9pp |
| Annual return | 12.60% | 21.76%-9.2pp | 1492.73%-1480.1pp | 318.53%-305.9pp |
| Employer contribution / active EE | $3,847 | $2,168+77.5% | $2,960+30.0% | $2,565+50.0% |
| Participant deferral / active EE | $10,080 | $3,166+218.4% | $4,276+135.7% | $3,952+155.1% |
| Admin fee / account holder | $597 | $4,593-87.0% | $5,949-90.0% | $6,260-90.5% |