Filed January 23, 2025
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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $607,825 |
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $154,119 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,108 | $47,385+10.0% | $56,411-7.6% | $106,382-51.0% |
| Participation rate | 37.1% | 33.2%+4.0pp | 52.5%-15.3pp | 69.9%-32.7pp |
| Annual return | 30.71% | 17.29%+13.4pp | 1701.33%-1670.6pp | 17.37%+13.3pp |
| Employer contribution / active EE | $622 | $623-0.2% | $1,039-40.1% | $3,364-81.5% |
| Participant deferral / active EE | $1,257 | $1,440-12.7% | $1,952-35.6% | $5,569-77.4% |
| Admin fee / account holder | $82 | $78+4.9% | $2,829-97.1% | $79+3.4% |