Filed June 17, 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 |
|---|---|---|
ESB WEALTH MANAGEMENT1+ years Service code 27 · EIN 27-5022450 P.O. BOX 636 · MANSFIELD, OH 449010636 | Advisory (Plan) | $27,331 |
PROTPA1+ years Service code 13 · EIN 90-0666716 P.O. BOX 636 · MANSFIELD, OH 449010636 | Contract Administrator | $16,982 |
CROWE LLP1+ years Filed as: CROWE HORWATH LLP Service code 19 · EIN 35-0921680 10 W BROAD ST #1700 · COLUMBUS, OH 43215 | Securities Custodian | $10,770 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $53,226 | $70,667-24.7% | $123,104-56.8% | $52,331+1.7% |
| Participation rate | 99.2% | 83.7%+15.5pp | 86.8%+12.5pp | 68.1%+31.1pp |
| Annual return | -1.09% | 6.23%-7.3pp | 13.22%-14.3pp | 4.54%-5.6pp |
| Employer contribution / active EE | $2,285 | $2,946-22.4% | $5,151-55.6% | $1,882+21.4% |
| Participant deferral / active EE | $2,623 | $4,493-41.6% | $6,230-57.9% | $3,022-13.2% |
| Admin fee / account holder | $393 | $506-22.4% | $9,015-95.6% | $592-33.5% |