Filed October 10, 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 9-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 |
|---|---|---|
AMERICAN FUNDS1+ years Filed as: CAPITAL RESEARCH & MANAGEMENT CO. Service code 25 · EIN 95-1411037 | Directed Trustee | $1,281 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $49,870 | $107,378-53.6% | $108,579-54.1% | $57,658-13.5% |
| Participation rate | 32.5% | 77.1%-44.6pp | 79.6%-47.0pp | 70.2%-37.7pp |
| Annual return | 12.06% | 12.80%-0.7pp | -51.70%+63.8pp | 5.13%+6.9pp |
| Employer contribution / active EE | $981 | $1,782-44.9% | $3,758-73.9% | $1,974-50.3% |
| Participant deferral / active EE | $1,688 | $3,221-47.6% | $4,311-60.8% | $3,061-44.9% |
| Admin fee / account holder | $6 | $108-94.7% | $7,645-99.9% | $95-93.9% |