Filed January 8, 2024 (most recent of 3 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 12 320 PARK AVENUE · NEW YORK, NY 10022 | Claims processing; Participant loan p... | $5,187 |
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 | $12,036 | $56,485-78.7% | $185,823-93.5% | $86,799-86.1% |
| Participation rate | 91.7% | 65.5%+26.2pp | 81.7%+10.0pp | 72.3%+19.4pp |
| Annual return | 16.54% | 118.04%-101.5pp | 122.05%-105.5pp | 97.91%-81.4pp |
| Employer contribution / active EE | $678 | $1,843-63.2% | $5,167-86.9% | $2,405-71.8% |
| Participant deferral / active EE | $1,225 | $2,553-52.0% | $5,568-78.0% | $4,131-70.3% |
| Admin fee / account holder | $7 | $150-95.2% | $16,237-100.0% | $170-95.7% |