Filed March 25, 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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.6 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $212,332 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INC Service code 28 · EIN 36-3297908 | Investment Management | $55,350 |
BDO USA, LLP1 year Filed as: BDO USA LLP Service code 10 · EIN 13-5381590 | Accounting | $23,500 |
Filed as: PRIME CAPITAL INV ADV LLC Service code 28 · EIN 82-1364595 | Investment Management | $18,201 |
CHARLES SCHWAB & CO., INC.10+ years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage; ... | $785 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,601 | $2,679,533-96.9% | $164,813-49.3% | $199,593-58.1% |
| Participation rate | 96.3% | 78.3%+18.0pp | 78.6%+17.7pp | 72.0%+24.4pp |
| Annual return | 14.04% | 17.93%-3.9pp | 69.93%-55.9pp | 34.25%-20.2pp |
| Employer contribution / active EE | $4,239 | $2,970+42.7% | $4,341-2.3% | $3,034+39.7% |
| Participant deferral / active EE | $6,596 | $5,010+31.7% | $6,031+9.4% | $5,087+29.7% |
| Admin fee / account holder | $183 | $1,982-90.7% | $12,690-98.6% | $269-31.8% |