Filed September 29, 2021
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 8-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 | $35,804 |
Service code 27 · EIN 36-4291971 | Advisory (Plan) | $10,869 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $41,697 | $102,317-59.2% | $146,958-71.6% | $80,856-48.4% |
| Participation rate | 98.8% | 75.8%+23.0pp | 82.2%+16.6pp | 67.6%+31.2pp |
| Annual return | 12.47% | 134.76%-122.3pp | 418.34%-405.9pp | 35.59%-23.1pp |
| Employer contribution / active EE | $2,858 | $3,713-23.0% | $4,933-42.1% | $2,755+3.8% |
| Participant deferral / active EE | $6,866 | $6,644+3.3% | $8,070-14.9% | $4,296+59.8% |
| Admin fee / account holder | $320 | $7,941-96.0% | $12,998-97.5% | $6,918-95.4% |