Filed November 18, 2022
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $7,564 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,014 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $99,060 | $72,607+36.4% | $90,749+9.2% | $66,914+48.0% |
| Participation rate | 96.6% | 73.7%+23.0pp | 75.7%+20.9pp | 69.8%+26.8pp |
| Annual return | -17.11% | -12.28%-4.8pp | -12.16%-4.9pp | 1.58%-18.7pp |
| Employer contribution / active EE | $4,809 | $2,369+103.0% | $2,921+64.6% | $2,544+89.0% |
| Participant deferral / active EE | $3,584 | $3,977-9.9% | $4,564-21.5% | $4,237-15.4% |
| Admin fee / account holder | $310 | $707-56.2% | $8,445-96.3% | $593-47.8% |