Filed January 8, 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 |
|---|---|---|
Service code 15 · EIN 35-0145825 | Recordkeeping | $6,744 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $26,822 | $98,982-72.9% | $162,163-83.5% | $65,185-58.9% |
| Participation rate | 100.0% | 85.8%+14.2pp | 87.6%+12.4pp | 70.2%+29.8pp |
| Annual return | 24.88% | 24.84%0pp | 115.59%-90.7pp | 29.38%-4.5pp |
| Employer contribution / active EE | $1,582 | $3,467-54.4% | $5,614-71.8% | $2,177-27.3% |
| Participant deferral / active EE | $3,048 | $5,384-43.4% | $7,298-58.2% | $3,514-13.3% |
| Admin fee / account holder | $5 | $596-99.2% | $10,843-100.0% | $847-99.4% |