Filed December 6, 2023
Total covered: 17 employees
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 | $9,797 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $36,550 | $55,453-34.1% | $170,442-78.6% | $62,292-41.3% |
| Participation rate | 65.6% | 66.4%-0.8pp | 83.6%-18.0pp | 69.5%-3.9pp |
| Annual return | 15.87% | 21.38%-5.5pp | 205.93%-190.1pp | 28.90%-13.0pp |
| Employer contribution / active EE | $497 | $2,164-77.0% | $5,433-90.8% | $2,042-75.6% |
| Participant deferral / active EE | $2,446 | $2,303+6.2% | $4,939-50.5% | $3,169-22.8% |
| Admin fee / account holder | $97 | $455-78.6% | $13,880-99.3% | $479-79.7% |