Filed September 19, 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 |
|---|---|---|
Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $24,252 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $151,906 | $100,227+51.6% | $169,993-10.6% | $74,419+104.1% |
| Participation rate | 93.8% | 87.3%+6.5pp | 87.0%+6.8pp | 70.7%+23.1pp |
| Annual return | 116.07% | 66.08%+50.0pp | 53.37%+62.7pp | 34.38%+81.7pp |
| Employer contribution / active EE | $10,862 | $4,263+154.8% | $6,785+60.1% | $2,637+311.9% |
| Participant deferral / active EE | $9,358 | $7,143+31.0% | $10,408-10.1% | $4,528+106.7% |
| Admin fee / account holder | $63 | $234-73.2% | $12,815-99.5% | $348-81.9% |