Filed November 5, 2020
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 64 · EIN 71-0294708 | Recordkeeping Fees | $82,432 |
Service code 99 · EIN 47-1411118 | Other Fees | $21,576 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $22,310 | $46,292-51.8% | $143,757-84.5% | $64,808-65.6% |
| Participation rate | 81.0% | 64.2%+16.7pp | 80.3%+0.7pp | 71.5%+9.5pp |
| Annual return | -14.99% | -10.05%-4.9pp | -0.04%-15.0pp | 32.82%-47.8pp |
| Employer contribution / active EE | $390 | $1,910-79.6% | $4,951-92.1% | $2,506-84.4% |
| Participant deferral / active EE | $1,964 | $2,646-25.8% | $5,637-65.2% | $4,310-54.4% |
| Admin fee / account holder | $84 | $154-45.2% | $14,673-99.4% | $188-55.1% |