Filed March 20, 2023 (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 27 · EIN 26-0070474 | Advisory (Plan) | $44,800 |
Service code 37 · EIN 04-2647786 | Loan Processing | $30,271 |
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 | $144,275 | $66,124+118.2% | $90,404+59.6% | $73,488+96.3% |
| Participation rate | 85.5% | 69.7%+15.9pp | 72.7%+12.9pp | 70.7%+14.9pp |
| Annual return | 14.86% | 17.65%-2.8pp | 1293.02%-1278.2pp | 28.51%-13.7pp |
| Employer contribution / active EE | $5,128 | $2,346+118.5% | $3,262+57.2% | $2,270+125.9% |
| Participant deferral / active EE | $7,409 | $3,039+143.8% | $3,963+86.9% | $3,740+98.1% |
| Admin fee / account holder | $466 | $396+17.7% | $5,611-91.7% | $513-9.1% |