Filed January 12, 2024
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.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $45,034 |
STRATEGIC ADVISORS, INC.1+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $33,272 |
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.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $1,960,967 | $104,697+1773.0% | $96,544+1931.2% | $80,160+2346.3% |
| Participation rate | 0.0% | 86.4%-86.4pp | 76.0%-76.0pp | 72.9%-72.9pp |
| Annual return | 0.00% | 21.78%-21.8pp | 25.84%-25.8pp | 40.38%-40.4pp |
| Employer contribution / active EE | $2,814 | $3,536-20.4% | $2,965-5.1% | $2,978-5.5% |
| Participant deferral / active EE | $6,158 | $6,188-0.5% | $4,851+27.0% | $5,017+22.7% |
| Admin fee / account holder | $943 | $107+783.7% | $8,252-88.6% | $145+550.7% |