Filed January 5, 2023
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 13-3689044 | Recordkeeping | $55,307 |
CENTENNIAL SECURITIES1 year Filed as: CENTENNIAL SECURITIES COMPANY INC Service code 26 · EIN 38-2214928 | Advisory (Participants) | $21,930 |
ERP SOUTHWEST LLC1 year Service code 15 · EIN 92-1711496 | Recordkeeping | $6,803 |
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 | $86,683 | $106,028-18.2% | $146,958-41.0% | $77,643+11.6% |
| Participation rate | 94.5% | 78.4%+16.1pp | 82.2%+12.3pp | 70.6%+23.9pp |
| Annual return | 15.41% | 56.73%-41.3pp | 418.34%-402.9pp | 31.24%-15.8pp |
| Employer contribution / active EE | $2,427 | $4,063-40.3% | $4,933-50.8% | $2,726-11.0% |
| Participant deferral / active EE | $7,578 | $7,990-5.2% | $8,070-6.1% | $4,647+63.1% |
| Admin fee / account holder | $301 | $337-10.9% | $12,998-97.7% | $430-30.1% |