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 | $2,700 |
Filed as: WILSHIRE ASSOCIATES INC(USA) Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,257 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $55,841 | $61,272-8.9% | $149,673-62.7% | $71,457-21.9% |
| Participation rate | 47.6% | 62.5%-14.9pp | 78.8%-31.2pp | 67.9%-20.4pp |
| Annual return | 18.15% | 35.85%-17.7pp | 134.42%-116.3pp | 28.85%-10.7pp |
| Employer contribution / active EE | $1,165 | $2,378-51.0% | $4,818-75.8% | $2,588-55.0% |
| Participant deferral / active EE | $2,905 | $2,917-0.4% | $5,680-48.9% | $4,289-32.3% |
| Admin fee / account holder | $378 | $1,261-70.0% | $13,210-97.1% | $1,587-76.2% |