Filed April 7, 2021
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 27 · EIN 43-1601121 | Advisory (Plan) | $34,455 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $19,207 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $61,797 | $79,523-22.3% | $140,016-55.9% | $56,287+9.8% |
| Participation rate | 84.6% | 85.7%-1.1pp | 87.5%-2.9pp | 69.9%+14.8pp |
| Annual return | -9.48% | 2.39%-11.9pp | 651.12%-660.6pp | -9.96%+0.5pp |
| Employer contribution / active EE | $1,695 | $3,350-49.4% | $5,606-69.8% | $2,111-19.7% |
| Participant deferral / active EE | $3,752 | $5,129-26.8% | $6,927-45.8% | $3,350+12.0% |
| Admin fee / account holder | $510 | $614-17.1% | $10,705-95.2% | $521-2.2% |