Filed January 26, 2022
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 | $39,789 |
PRAXIS CONSULTING1 year Filed as: PRAXIS FIDUCIARY ADVISORS LLC Service code 27 · EIN 45-5291215 | Advisory (Plan) | $16,500 |
Service code 27 · EIN 45-5291215 | Advisory (Plan) | $5,500 |
SOMERSET CPAS6+ years Service code 10 · EIN 20-1717681 | Accounting | $5,000 |
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 | $158,282 | $98,750+60.3% | $149,696+5.7% | $79,858+98.2% |
| Participation rate | 93.5% | 75.8%+17.7pp | 82.5%+11.0pp | 69.6%+23.9pp |
| Annual return | 20.63% | 27.43%-6.8pp | 276.60%-256.0pp | 31.71%-11.1pp |
| Employer contribution / active EE | $2,323 | $3,216-27.8% | $4,644-50.0% | $2,471-6.0% |
| Participant deferral / active EE | $8,145 | $5,680+43.4% | $6,842+19.0% | $3,740+117.8% |
| Admin fee / account holder | $466 | $6,053-92.3% | $9,309-95.0% | $5,306-91.2% |