Filed May 6, 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 6-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 | $15,837 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $9,402 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $23,358 | $64,612-63.8% | $86,436-73.0% | $64,808-64.0% |
| Participation rate | 94.8% | 81.5%+13.3pp | 80.3%+14.5pp | 71.5%+23.3pp |
| Annual return | -6.56% | 0.66%-7.2pp | 4394.89%-4401.5pp | 32.82%-39.4pp |
| Employer contribution / active EE | $6,468 | $2,744+135.7% | $3,769+71.6% | $2,506+158.1% |
| Participant deferral / active EE | $15,935 | $7,497+112.6% | $6,952+129.2% | $4,310+269.7% |
| Admin fee / account holder | $53 | $169-68.5% | $6,731-99.2% | $188-71.7% |