Filed December 29, 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 15 · EIN 01-0233346 P.O. BOX 600 · BUFFALO, NY 14201 | Recordkeeping | $224 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $5,876 | $75,828-92.3% | $147,614-96.0% | $59,632-90.1% |
| Participation rate | 51.8% | 71.6%-19.8pp | 84.6%-32.9pp | 68.7%-16.9pp |
| Annual return | -2.99% | 0.37%-3.4pp | 61.98%-65.0pp | 2041.28%-2044.3pp |
| Employer contribution / active EE | $649 | $3,485-81.4% | $5,564-88.3% | $2,203-70.6% |
| Participant deferral / active EE | $1,888 | $3,130-39.7% | $4,895-61.4% | $3,192-40.8% |
| Admin fee / account holder | $41 | $5,985-99.3% | $11,611-99.7% | $4,297-99.1% |