Filed July 1, 2024
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 9-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 64 · EIN 04-2647786 | Recordkeeping Fees | $10,241 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported that benefits due were not provided when due.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $3,676 | $33,232-88.9% | $71,796-94.9% | $63,975-94.3% |
| Participation rate | 88.0% | 60.1%+27.9pp | 69.1%+18.9pp | 71.1%+16.9pp |
| Annual return | 6.76% | 11.99%-5.2pp | 78.04%-71.3pp | 48.65%-41.9pp |
| Employer contribution / active EE | $788 | $723+9.1% | $1,924-59.0% | $2,182-63.9% |
| Participant deferral / active EE | $0 | $1,604-100.0% | $2,794-100.0% | $3,356-100.0% |
| Admin fee / account holder | $3 | $63-95.0% | $4,815-99.9% | $70-95.5% |