Filed October 16, 2023 (most recent of 2 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 15 · EIN 35-0145825 | Recordkeeping | $31,595 |
Service code 26 · EIN 20-1090152 | Advisory (Participants) | $5,314 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $21,177 | $47,977-55.9% | $154,107-86.3% | $56,287-62.4% |
| Participation rate | 48.6% | 66.2%-17.5pp | 83.0%-34.4pp | 69.9%-21.2pp |
| Annual return | 14.72% | 3.54%+11.2pp | 735.12%-720.4pp | -9.96%+24.7pp |
| Employer contribution / active EE | $0 | $2,169-100.0% | $5,298-100.0% | $2,111-100.0% |
| Participant deferral / active EE | $1,984 | $2,392-17.1% | $5,081-61.0% | $3,350-40.8% |
| Admin fee / account holder | $43 | $438-90.2% | $13,411-99.7% | $521-91.8% |