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) | $42,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $29,821 |
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 | $117,688 | $51,197+129.9% | $82,719+42.3% | $66,914+75.9% |
| Participation rate | 80.1% | 67.8%+12.3pp | 72.6%+7.5pp | 69.8%+10.3pp |
| Annual return | -15.77% | -9.64%-6.1pp | 701.18%-716.9pp | 1.58%-17.4pp |
| Employer contribution / active EE | $5,205 | $2,611+99.4% | $3,009+73.0% | $2,544+104.6% |
| Participant deferral / active EE | $7,431 | $3,458+114.9% | $4,395+69.1% | $4,237+75.4% |
| Admin fee / account holder | $339 | $416-18.5% | $5,329-93.6% | $593-42.9% |