Filed December 16, 2021
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 37 · EIN 04-2647786 | Loan Processing | $28,699 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $100,118 | $37,393+167.7% | $77,024+30.0% | $66,914+49.6% |
| Participation rate | 49.7% | 52.9%-3.2pp | 67.9%-18.2pp | 69.8%-20.1pp |
| Annual return | -20.66% | -3.29%-17.4pp | 42.32%-63.0pp | 1.58%-22.2pp |
| Employer contribution / active EE | $3,798 | $1,531+148.1% | $2,812+35.0% | $2,544+49.3% |
| Participant deferral / active EE | $7,744 | $2,617+195.9% | $4,426+75.0% | $4,237+82.8% |
| Admin fee / account holder | $231 | $567-59.3% | $5,425-95.7% | $593-61.1% |