Filed January 26, 2022
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $38,996 |
PRAXIS CONSULTING2 years Filed as: PRAXIS FIDUCIARY ADVISORS LLC Service code 27 · EIN 45-5291215 | Advisory (Plan) | $22,000 |
SOMERSET CPAS7+ 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 | $151,006 | $104,475+44.5% | $159,436-5.3% | $79,386+90.2% |
| Participation rate | 97.2% | 76.6%+20.6pp | 82.8%+14.4pp | 70.7%+26.5pp |
| Annual return | 17.49% | 67.95%-50.5pp | 263.57%-246.1pp | 116.85%-99.4pp |
| Employer contribution / active EE | $1,885 | $3,417-44.8% | $4,829-61.0% | $2,427-22.3% |
| Participant deferral / active EE | $7,122 | $6,467+10.1% | $7,352-3.1% | $4,046+76.1% |
| Admin fee / account holder | $394 | $711-44.7% | $10,799-96.4% | $626-37.2% |