Filed July 28, 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 |
|---|---|---|
EKON BENEFITS1+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD · ST. LOUIS, MO 63108 | Recordkeeping | $17,821 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $40,493 | $70,667-42.7% | $123,104-67.1% | $52,331-22.6% |
| Participation rate | 88.4% | 83.7%+4.7pp | 86.8%+1.7pp | 68.1%+20.3pp |
| Annual return | 1.90% | 6.23%-4.3pp | 13.22%-11.3pp | 4.54%-2.6pp |
| Employer contribution / active EE | $610 | $2,946-79.3% | $5,151-88.2% | $1,882-67.6% |
| Participant deferral / active EE | $2,139 | $4,493-52.4% | $6,230-65.7% | $3,022-29.2% |
| Admin fee / account holder | $0 | $506-100.0% | $9,015-100.0% | $592-100.0% |