Filed December 12, 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 27 · EIN 27-3463733 | Advisory (Plan) | $66,208 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $41,678 |
WIPFLI LLP2 years Service code 10 · EIN 39-0758449 | Accounting | $10,600 |
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 | $145,785 | $95,880+52.1% | $107,525+35.6% | $85,563+70.4% |
| Participation rate | 97.7% | 70.1%+27.6pp | 75.1%+22.7pp | 66.0%+31.8pp |
| Annual return | 18.61% | 68.06%-49.5pp | 181.32%-162.7pp | 31.51%-12.9pp |
| Employer contribution / active EE | $5,123 | $3,812+34.4% | $3,754+36.5% | $2,654+93.1% |
| Participant deferral / active EE | $10,482 | $4,201+149.5% | $5,116+104.9% | $4,375+139.6% |
| Admin fee / account holder | $302 | $1,025-70.5% | $8,919-96.6% | $834-63.8% |