Filed April 10, 2017
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 | $9,300 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $18,566 | $65,061-71.5% | $143,757-87.1% | $66,914-72.3% |
| Participation rate | 32.5% | 65.2%-32.7pp | 80.3%-47.8pp | 69.8%-37.3pp |
| Annual return | -13.94% | -11.14%-2.8pp | -0.04%-13.9pp | 1.58%-15.5pp |
| Employer contribution / active EE | $695 | $2,361-70.6% | $4,951-86.0% | $2,544-72.7% |
| Participant deferral / active EE | $1,849 | $2,919-36.6% | $5,637-67.2% | $4,237-56.3% |
| Admin fee / account holder | $113 | $502-77.5% | $14,673-99.2% | $593-80.9% |