Filed October 2, 2023
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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.3 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $150,629 |
AON CONSULTING1 year Filed as: AON HEWITT INVESTMENT CONSULTI Service code 28 · EIN 36-3109431 | Investment Management | $47,336 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $64,622 | $118,337-45.4% | $189,513-65.9% | $93,030-30.5% |
| Participation rate | 98.4% | 89.1%+9.3pp | 87.8%+10.6pp | 73.9%+24.5pp |
| Annual return | 14.76% | 21.77%-7.0pp | 555.15%-540.4pp | 158.70%-143.9pp |
| Employer contribution / active EE | $1,864 | $4,204-55.7% | $6,162-69.7% | $2,706-31.1% |
| Participant deferral / active EE | $3,738 | $7,123-47.5% | $8,221-54.5% | $4,562-18.1% |
| Admin fee / account holder | $125 | $100+25.2% | $12,045-99.0% | $152-17.8% |