Filed October 9, 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 13 · EIN 42-0127290 | Contract Administrator | $88,016 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $40,000 |
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 | $79,634 | $95,274-16.4% | $135,903-41.4% | $74,419+7.0% |
| Participation rate | 94.4% | 78.2%+16.2pp | 81.9%+12.5pp | 70.7%+23.7pp |
| Annual return | 21.02% | 32.77%-11.7pp | 68.23%-47.2pp | 34.38%-13.4pp |
| Employer contribution / active EE | $8,061 | $3,874+108.1% | $4,856+66.0% | $2,637+205.6% |
| Participant deferral / active EE | $4,903 | $7,782-37.0% | $7,758-36.8% | $4,528+8.3% |
| Admin fee / account holder | $141 | $266-47.0% | $10,762-98.7% | $348-59.5% |