Filed August 7, 2024 (most recent of 4 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $35,617 |
CREATIVE PLANNING LLC2 years Filed as: CREATIVE PLANNING, INC. Service code 27 · EIN 43-1270780 | Advisory (Plan) | $20,000 |
UNITED WAY OF GREATER1 year Service code 10 · EIN 44-0545812 | Accounting | $17,523 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,222 | $57,281-8.8% | $86,612-39.7% | $75,163-30.5% |
| Participation rate | 85.9% | 63.2%+22.7pp | 71.7%+14.2pp | 67.2%+18.7pp |
| Annual return | 14.94% | 2670.75%-2655.8pp | 591.07%-576.1pp | 160.62%-145.7pp |
| Employer contribution / active EE | $1,570 | $2,314-32.2% | $3,022-48.0% | $2,670-41.2% |
| Participant deferral / active EE | $3,956 | $3,318+19.2% | $4,438-10.9% | $4,125-4.1% |
| Admin fee / account holder | $464 | $4,112-88.7% | $5,614-91.7% | $5,651-91.8% |