Filed February 14, 2024
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 | $344 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $70,341 | $63,156+11.4% | $122,332-42.5% | $62,292+12.9% |
| Participation rate | 59.1% | 60.0%-0.9pp | 71.6%-12.5pp | 69.5%-10.4pp |
| Annual return | 16.48% | 20.61%-4.1pp | 30.27%-13.8pp | 28.90%-12.4pp |
| Employer contribution / active EE | $1,696 | $1,385+22.5% | $4,050-58.1% | $2,042-17.0% |
| Participant deferral / active EE | $3,774 | $2,321+62.6% | $3,287+14.8% | $3,169+19.1% |
| Admin fee / account holder | $14 | $440-96.8% | $5,478-99.7% | $479-97.1% |