Filed April 21, 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 |
|---|---|---|
RBC WEALTH MANAGEMENT3 years Filed as: RBC CAPITAL MARKETS LLC Service code 99 · EIN 41-1416330 | Other Fees | $39,306 |
RSM US LLP2 years Service code 99 · EIN 22-2000222 | Other Fees | $16,800 |
MORNINGSTAR3 years Service code 27 · EIN 36-3297908 | Advisory (Plan) | $5,463 |
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 | $134,462 | $64,119+109.7% | $112,228+19.8% | $66,914+100.9% |
| Participation rate | 98.6% | 68.5%+30.1pp | 75.1%+23.5pp | 69.8%+28.8pp |
| Annual return | -17.44% | -13.81%-3.6pp | 27.45%-44.9pp | 1.58%-19.0pp |
| Employer contribution / active EE | $4,224 | $3,005+40.6% | $3,635+16.2% | $2,544+66.0% |
| Participant deferral / active EE | $8,835 | $3,693+139.2% | $4,728+86.9% | $4,237+108.5% |
| Admin fee / account holder | $468 | $625-25.1% | $6,410-92.7% | $593-21.1% |