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.4 years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $148,339 |
AON CONSULTING7+ years Filed as: AON HEWITT INVESTMENT CONSULTING Service code 28 · EIN 36-3109431 | Investment Management | $45,250 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $51,666 | $95,918-46.1% | $151,611-65.9% | $77,904-33.7% |
| Participation rate | 98.3% | 88.7%+9.6pp | 87.5%+10.8pp | 73.7%+24.6pp |
| Annual return | -13.79% | -5.50%-8.3pp | 3.33%-17.1pp | 12.21%-26.0pp |
| Employer contribution / active EE | $1,928 | $4,330-55.5% | $6,166-68.7% | $2,848-32.3% |
| Participant deferral / active EE | $3,901 | $7,508-48.0% | $8,363-53.4% | $4,806-18.8% |
| Admin fee / account holder | $113 | $93+21.5% | $11,616-99.0% | $133-14.5% |