Filed January 5, 2024 (most recent of 3 filings on file)
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 |
|---|---|---|
JOHNSON BANK8+ years Service code 21 · EIN 39-1141446 | Bank Trustee | $33,558 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $49,328 | $42,353+16.5% | $79,550-38.0% | $64,808-23.9% |
| Participation rate | 34.8% | 64.8%-29.9pp | 69.5%-34.7pp | 71.5%-36.7pp |
| Annual return | -22.13% | -12.24%-9.9pp | 0.16%-22.3pp | 32.82%-54.9pp |
| Employer contribution / active EE | $958 | $1,181-18.9% | $2,413-60.3% | $2,506-61.8% |
| Participant deferral / active EE | $1,562 | $3,170-50.7% | $3,985-60.8% | $4,310-63.8% |
| Admin fee / account holder | $250 | $160+56.9% | $6,832-96.3% | $188+33.4% |