Filed January 3, 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 |
|---|---|---|
ASSOCIATED TRUST COMPANY, N.A.7+ years Service code 15 · EIN 30-0219031 | Recordkeeping | $39,390 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $63,722 | $60,776+4.8% | $85,682-25.6% | $79,386-19.7% |
| Participation rate | 78.1% | 62.1%+16.0pp | 69.9%+8.3pp | 70.7%+7.4pp |
| Annual return | 15.57% | 16.57%-1.0pp | 21.49%-5.9pp | 116.85%-101.3pp |
| Employer contribution / active EE | $443 | $1,663-73.4% | $2,618-83.1% | $2,427-81.7% |
| Participant deferral / active EE | $2,659 | $2,919-8.9% | $3,923-32.2% | $4,046-34.3% |
| Admin fee / account holder | $323 | $438-26.4% | $6,873-95.3% | $626-48.5% |