Filed February 5, 2025
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $45,152 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $54,020 | $62,544-13.6% | $129,207-58.2% | $199,593-72.9% |
| Participation rate | 33.9% | 56.8%-22.9pp | 69.6%-35.7pp | 72.0%-38.1pp |
| Annual return | 12.88% | 16.95%-4.1pp | 9417.33%-9404.5pp | 34.25%-21.4pp |
| Employer contribution / active EE | $451 | $2,394-81.2% | $4,153-89.1% | $3,034-85.1% |
| Participant deferral / active EE | $1,797 | $3,123-42.5% | $4,168-56.9% | $5,087-64.7% |
| Admin fee / account holder | $34 | $167-79.5% | $7,715-99.6% | $269-87.3% |