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 BENEFITS4+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD · ST. LOUIS, MO 63108 | Recordkeeping | $19,900 |
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 | $43,786 | $79,523-44.9% | $140,016-68.7% | $56,287-22.2% |
| Participation rate | 77.7% | 85.7%-8.0pp | 87.5%-9.8pp | 69.9%+7.9pp |
| Annual return | -3.34% | 2.39%-5.7pp | 651.12%-654.5pp | -9.96%+6.6pp |
| Employer contribution / active EE | $792 | $3,350-76.4% | $5,606-85.9% | $2,111-62.5% |
| Participant deferral / active EE | $2,230 | $5,129-56.5% | $6,927-67.8% | $3,350-33.4% |
| Admin fee / account holder | $0 | $614-100.0% | $10,705-100.0% | $521-100.0% |