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.8+ years Service code 15 · EIN 30-0219031 | Recordkeeping | $37,940 |
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 | $52,858 | $63,442-16.7% | $68,791-23.2% | $66,914-21.0% |
| Participation rate | 77.6% | 60.0%+17.6pp | 69.0%+8.6pp | 69.8%+7.8pp |
| Annual return | -17.89% | -8.29%-9.6pp | -6.38%-11.5pp | 1.58%-19.5pp |
| Employer contribution / active EE | $567 | $1,775-68.0% | $2,655-78.6% | $2,544-77.7% |
| Participant deferral / active EE | $3,089 | $2,945+4.9% | $3,941-21.6% | $4,237-27.1% |
| Admin fee / account holder | $322 | $577-44.3% | $4,932-93.5% | $593-45.8% |