Filed October 29, 2021
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 15 · EIN 01-0233346 | Recordkeeping | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $37,985 | $65,703-42.2% | $94,224-59.7% | $59,632-36.3% |
| Participation rate | 60.2% | 72.1%-11.9pp | 78.8%-18.5pp | 68.7%-8.4pp |
| Annual return | -2.50% | 5.22%-7.7pp | 10.68%-13.2pp | 2041.28%-2043.8pp |
| Employer contribution / active EE | $626 | $2,021-69.0% | $3,587-82.5% | $2,203-71.6% |
| Participant deferral / active EE | $2,181 | $3,143-30.6% | $4,320-49.5% | $3,192-31.7% |
| Admin fee / account holder | $54 | $4,264-98.7% | $6,269-99.1% | $4,297-98.8% |