Filed April 8, 2021 (most recent of 4 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $25,799 |
Service code 49 · EIN 52-2114207 | Other Services | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $64,842 | $66,124-1.9% | $90,404-28.3% | $73,488-11.8% |
| Participation rate | 43.4% | 69.7%-26.2pp | 72.7%-29.2pp | 70.7%-27.2pp |
| Annual return | 17.76% | 17.65%+0.1pp | 1293.02%-1275.3pp | 28.51%-10.8pp |
| Employer contribution / active EE | $1,269 | $2,346-45.9% | $3,262-61.1% | $2,270-44.1% |
| Participant deferral / active EE | $3,360 | $3,039+10.6% | $3,963-15.2% | $3,740-10.1% |
| Admin fee / account holder | $349 | $396-12.0% | $5,611-93.8% | $513-32.0% |