Filed April 29, 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 13 · EIN 42-0127290 | Contract Administrator | $57,688 |
Service code 17 · EIN 13-5674085 | Pension Consulting | $25,445 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $31,113 | $129,095-75.9% | $184,200-83.1% | $77,671-59.9% |
| Participation rate | 90.2% | 87.3%+2.9pp | 86.8%+3.4pp | 70.6%+19.6pp |
| Annual return | 17.12% | 33.29%-16.2pp | 28.80%-11.7pp | 31.21%-14.1pp |
| Employer contribution / active EE | $0 | $4,410-100.0% | $6,424-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $3,409 | $7,300-53.3% | $9,132-62.7% | $4,648-26.7% |
| Admin fee / account holder | $185 | $256-27.6% | $13,907-98.7% | $430-57.0% |