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 BENEFITS5+ years Service code 15 · EIN 43-1317863 4940 WASHINGTON BLVD · ST. LOUIS, MO 63108 | Recordkeeping | $24,154 |
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 | $53,354 | $98,982-46.1% | $162,163-67.1% | $65,185-18.1% |
| Participation rate | 76.5% | 85.8%-9.2pp | 87.6%-11.0pp | 70.2%+6.3pp |
| Annual return | 23.06% | 24.84%-1.8pp | 115.59%-92.5pp | 29.38%-6.3pp |
| Employer contribution / active EE | $859 | $3,467-75.2% | $5,614-84.7% | $2,177-60.5% |
| Participant deferral / active EE | $2,387 | $5,384-55.7% | $7,298-67.3% | $3,514-32.1% |
| Admin fee / account holder | $0 | $596-100.0% | $10,843-100.0% | $847-100.0% |