Filed November 6, 2024 (most recent of 2 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 37 · EIN 04-2647786 | Loan Processing | $51,345 |
Service code 27 · EIN 35-2552359 | Advisory (Plan) | $32,000 |
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 | $179,606 | $66,124+171.6% | $90,404+98.7% | $73,488+144.4% |
| Participation rate | 94.5% | 69.7%+24.8pp | 72.7%+21.8pp | 70.7%+23.8pp |
| Annual return | 13.19% | 17.65%-4.5pp | 1293.02%-1279.8pp | 28.51%-15.3pp |
| Employer contribution / active EE | $3,513 | $2,346+49.7% | $3,262+7.7% | $2,270+54.8% |
| Participant deferral / active EE | $12,580 | $3,039+314.0% | $3,963+217.4% | $3,740+236.4% |
| Admin fee / account holder | $331 | $396-16.5% | $5,611-94.1% | $513-35.5% |