Filed March 2, 2022
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 15 · EIN 01-0233346 | Recordkeeping | $6,160 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $14,174 | $80,354-82.4% | $133,980-89.4% | $63,975-77.8% |
| Participation rate | 98.4% | 87.5%+10.9pp | 87.1%+11.4pp | 71.1%+27.3pp |
| Annual return | 26.10% | 13.11%+13.0pp | 29.30%-3.2pp | 48.65%-22.6pp |
| Employer contribution / active EE | $3,136 | $3,503-10.5% | $5,211-39.8% | $2,182+43.7% |
| Participant deferral / active EE | $3,655 | $5,239-30.2% | $6,282-41.8% | $3,356+8.9% |
| Admin fee / account holder | $8 | $69-89.2% | $9,324-99.9% | $70-89.3% |