Filed May 1, 2024
Total covered: 6 employees
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 | $88 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $46,067 | $52,953-13.0% | $172,739-73.3% | $65,185-29.3% |
| Participation rate | 40.2% | 66.2%-26.0pp | 82.6%-42.4pp | 70.2%-30.0pp |
| Annual return | 19.21% | 30.12%-10.9pp | 802.84%-783.6pp | 29.38%-10.2pp |
| Employer contribution / active EE | $877 | $2,190-59.9% | $5,143-82.9% | $2,177-59.7% |
| Participant deferral / active EE | $1,692 | $2,471-31.5% | $5,198-67.4% | $3,514-51.8% |
| Admin fee / account holder | $98 | $472-79.3% | $13,954-99.3% | $847-88.5% |