Filed February 5, 2020
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 | $34,928 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $23,819 |
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 | $44,906 | $65,061-31.0% | $143,757-68.8% | $66,914-32.9% |
| Participation rate | 75.9% | 65.2%+10.7pp | 80.3%-4.4pp | 69.8%+6.1pp |
| Annual return | -8.26% | -11.14%+2.9pp | -0.04%-8.2pp | 1.58%-9.8pp |
| Employer contribution / active EE | $786 | $2,361-66.7% | $4,951-84.1% | $2,544-69.1% |
| Participant deferral / active EE | $2,796 | $2,919-4.2% | $5,637-50.4% | $4,237-34.0% |
| Admin fee / account holder | $308 | $502-38.6% | $14,673-97.9% | $593-48.1% |