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 | $22,487 |
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 | $2,596 | $40,113-93.5% | $84,015-96.9% | $77,787-96.7% |
| Participation rate | 83.5% | 62.8%+20.7pp | 69.0%+14.5pp | 73.2%+10.3pp |
| Annual return | 18.95% | 23.27%-4.3pp | 71.31%-52.4pp | 32.57%-13.6pp |
| Employer contribution / active EE | $283 | $847-66.6% | $1,983-85.7% | $2,504-88.7% |
| Participant deferral / active EE | $0 | $2,030-100.0% | $3,239-100.0% | $3,967-100.0% |
| Admin fee / account holder | $5 | $92-94.9% | $6,101-99.9% | $100-95.3% |