Filed June 4, 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 |
|---|---|---|
SYM FINANCIAL CORPORATION3 years Service code 26 · EIN 35-1550787 | Advisory (Participants) | $35,992 |
AMERITAS LIFE INSURANCE CORP2 years Service code 12 · EIN 47-0098400 | Recordkeeping and information managem... | $31,280 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $4,102 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,741 | $50,815-47.4% | $155,509-82.8% | $77,643-65.6% |
| Participation rate | 48.7% | 63.1%-14.4pp | 78.2%-29.5pp | 70.6%-21.9pp |
| Annual return | 13.34% | 34.80%-21.5pp | 64.67%-51.3pp | 31.24%-17.9pp |
| Employer contribution / active EE | $1,411 | $1,993-29.2% | $4,672-69.8% | $2,726-48.2% |
| Participant deferral / active EE | $2,074 | $2,822-26.5% | $5,626-63.1% | $4,647-55.4% |
| Admin fee / account holder | $226 | $437-48.3% | $15,912-98.6% | $430-47.5% |