Filed April 30, 2024 (most recent of 12 filings on file)
Total covered: 3 employees
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 10 · EIN 34-1523030 3421 RIDGEWOOD ROAD, SUITE 300 · AKRON, OH 44333 | Accounting | $0 |
CHARLES SCHWAB & CO., INC.6+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 | Securities Custodian | $0 |
NOBLE-DAVIS CONSULTING, INC.6+ years Service code 13 · EIN 34-1723189 6190 COCHRAN ROAD, SUITE D · SOLON, OH 44139 | Contract Administrator | $0 |
RAYMOND JAMES FINANCIAL SERVICES6+ years Filed as: RAYMOND JAMES FINANCIAL SERV ADV Service code 26 · EIN 59-2937883 10883 PEARL ROAD, SUITE 302 · STRONGSVILLE, OH 44136 | Advisory (Participants) | $0 |
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 | $111,603 | $79,694+40.0% | $96,139+16.1% | $79,386+40.6% |
| Participation rate | 96.3% | 54.0%+42.3pp | 68.4%+27.8pp | 70.7%+25.6pp |
| Annual return | 16.72% | 40.84%-24.1pp | 191.94%-175.2pp | 116.85%-100.1pp |
| Employer contribution / active EE | $2,717 | $1,443+88.2% | $2,797-2.9% | $2,427+11.9% |
| Participant deferral / active EE | $7,326 | $2,539+188.6% | $4,349+68.5% | $4,046+81.1% |
| Admin fee / account holder | $340 | $630-46.0% | $5,537-93.9% | $626-45.7% |