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 26 · EIN 47-2046833 | Advisory (Participants) | $32,227 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $4,891 |
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 | $85,327 | $136,307-37.4% | $177,821-52.0% | $73,488+16.1% |
| Participation rate | 79.1% | 86.1%-7.0pp | 87.7%-8.6pp | 70.7%+8.5pp |
| Annual return | 10.66% | 18.68%-8.0pp | 48.32%-37.7pp | 28.51%-17.9pp |
| Employer contribution / active EE | $1,713 | $3,712-53.8% | $5,918-71.0% | $2,270-24.5% |
| Participant deferral / active EE | $3,808 | $5,829-34.7% | $7,714-50.6% | $3,740+1.8% |
| Admin fee / account holder | $354 | $596-40.6% | $12,427-97.2% | $513-31.1% |