Filed September 1, 2021 (most recent of 9 filings on file)
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 37 · EIN 04-2647786 | Loan Processing | $25,845 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $20,726 | $82,972-75.0% | $103,374-80.0% | $77,671-73.3% |
| Participation rate | 68.2% | 71.5%-3.3pp | 74.5%-6.3pp | 70.6%-2.4pp |
| Annual return | 15.68% | 19.14%-3.5pp | 24.89%-9.2pp | 31.21%-15.5pp |
| Employer contribution / active EE | $1,269 | $3,554-64.3% | $3,869-67.2% | $2,726-53.5% |
| Participant deferral / active EE | $2,983 | $4,108-27.4% | $5,058-41.0% | $4,648-35.8% |
| Admin fee / account holder | $49 | $639-92.3% | $8,394-99.4% | $430-88.6% |