Filed February 6, 2023
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 |
|---|---|---|
NADART1+ years Service code 10 · EIN 31-1255362 | Accounting | $9,280 |
MATRIX TRUST COMPANY1+ years Filed as: MG TRUST CO. DBA MATRIX TRUST CO. Service code 18 · EIN 75-3182674 | Trustee (bank, trust company, or simi... | $156 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $21,492 | $31,810-32.4% | $64,105-66.5% | $59,188-63.7% |
| Participation rate | 92.0% | 57.7%+34.3pp | 68.2%+23.8pp | 69.4%+22.6pp |
| Annual return | -2.26% | 9.41%-11.7pp | 791.24%-793.5pp | 5.51%-7.8pp |
| Employer contribution / active EE | $353 | $659-46.4% | $1,820-80.6% | $2,098-83.2% |
| Participant deferral / active EE | $1,310 | $1,582-17.2% | $2,822-53.6% | $3,265-59.9% |
| Admin fee / account holder | $9 | $57-85.0% | $4,499-99.8% | $92-90.8% |