Filed October 13, 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 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 | $33,263 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,322 | $44,734+1.3% | $99,443-54.4% | $67,579-32.9% |
| Participation rate | 41.5% | 66.2%-24.6pp | 73.8%-32.3pp | 71.3%-29.7pp |
| Annual return | 19.68% | 32.45%-12.8pp | 30.72%-11.0pp | 378.56%-358.9pp |
| Employer contribution / active EE | $186 | $1,261-85.2% | $2,540-92.7% | $2,148-91.3% |
| Participant deferral / active EE | $1,528 | $2,731-44.1% | $3,619-57.8% | $3,539-56.8% |
| Admin fee / account holder | $250 | $120+109.1% | $6,250-96.0% | $142+75.8% |