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) | $44,567 |
Service code 37 · EIN 04-2647786 | Loan Processing | $33,804 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $148,407 | $63,745+132.8% | $98,442+50.8% | $79,386+86.9% |
| Participation rate | 82.8% | 69.9%+12.9pp | 73.3%+9.5pp | 70.7%+12.1pp |
| Annual return | 38.04% | 625.80%-587.8pp | 1492.73%-1454.7pp | 116.85%-78.8pp |
| Employer contribution / active EE | $4,566 | $2,557+78.6% | $2,960+54.3% | $2,427+88.1% |
| Participant deferral / active EE | $6,686 | $3,303+102.4% | $4,276+56.3% | $4,046+65.3% |
| Admin fee / account holder | $366 | $516-29.0% | $5,949-93.8% | $626-41.5% |