Filed July 5, 2023
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 37 · EIN 04-2647786 | Loan Processing | $83,921 |
Service code 27 · EIN 80-0833114 | Advisory (Plan) | $56,239 |
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,384 | $95,274-38.7% | $135,903-57.0% | $74,419-21.5% |
| Participation rate | 97.2% | 78.2%+19.0pp | 81.9%+15.3pp | 70.7%+26.4pp |
| Annual return | 30.00% | 32.77%-2.8pp | 68.23%-38.2pp | 34.38%-4.4pp |
| Employer contribution / active EE | $4,910 | $3,874+26.7% | $4,856+1.1% | $2,637+86.2% |
| Participant deferral / active EE | $14,102 | $7,782+81.2% | $7,758+81.8% | $4,528+211.4% |
| Admin fee / account holder | $113 | $266-57.5% | $10,762-98.9% | $348-67.5% |