Filed January 9, 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 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $44,534 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $54,268 | $111,491-51.3% | $189,513-71.4% | $86,799-37.5% |
| Participation rate | 94.8% | 87.3%+7.5pp | 87.8%+7.0pp | 72.3%+22.5pp |
| Annual return | 24.13% | 83.50%-59.4pp | 555.15%-531.0pp | 97.91%-73.8pp |
| Employer contribution / active EE | $2,308 | $3,951-41.6% | $6,162-62.5% | $2,405-4.0% |
| Participant deferral / active EE | $4,921 | $6,437-23.5% | $8,221-40.1% | $4,131+19.1% |
| Admin fee / account holder | $94 | $189-50.2% | $12,045-99.2% | $170-44.6% |