Filed April 24, 2020
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 7-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 15 · EIN 13-3689044 | Recordkeeping | $175,538 |
Service code 22 · EIN 52-1473914 | Insurance Broker | $101,854 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,244 | $103,024-37.6% | $112,040-42.7% | $79,634-19.3% |
| Participation rate | 98.7% | 80.6%+18.1pp | 76.5%+22.2pp | 62.5%+36.2pp |
| Annual return | 7.66% | 17.60%-9.9pp | 24.52%-16.9pp | 36.46%-28.8pp |
| Employer contribution / active EE | $5,517 | $3,015+83.0% | $2,954+86.8% | $2,529+118.1% |
| Participant deferral / active EE | $7,688 | $5,233+46.9% | $5,098+50.8% | $3,835+100.5% |
| Admin fee / account holder | $243 | $465-47.7% | $12,098-98.0% | $1,002-75.7% |