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 |
|---|---|---|
CAPFINANCIAL PARTNERS LLC3 years Service code 27 · EIN 26-0058143 | Advisory (Plan) | $32,985 |
FIDELITY INVESTMENTS INSTITUTIONAL11+ years Service code 37 · EIN 04-2647786 | Loan Processing | $15,923 |
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $5,624 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $104,503 | $84,556+23.6% | $116,228-10.1% | $74,304+40.6% |
| Participation rate | 85.6% | 66.0%+19.6pp | 74.6%+11.1pp | 60.3%+25.3pp |
| Annual return | 13.97% | 18.35%-4.4pp | 90.06%-76.1pp | 29.43%-15.5pp |
| Employer contribution / active EE | $5,976 | $2,168+175.7% | $2,994+99.6% | $2,241+166.6% |
| Participant deferral / active EE | $4,122 | $3,814+8.1% | $4,953-16.8% | $3,767+9.4% |
| Admin fee / account holder | $306 | $3,792-91.9% | $11,989-97.4% | $2,969-89.7% |