Filed August 8, 2024
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 15 · EIN 35-0145825 | Recordkeeping | $4,103 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $39,217 | $45,035-12.9% | $62,995-37.7% | $70,131-44.1% |
| Participation rate | 69.1% | 69.5%-0.5pp | 74.8%-5.7pp | 69.5%-0.5pp |
| Annual return | 12.87% | 18.76%-5.9pp | 87.57%-74.7pp | 73.14%-60.3pp |
| Employer contribution / active EE | $673 | $2,051-67.2% | $2,759-75.6% | $2,342-71.3% |
| Participant deferral / active EE | $1,253 | $2,465-49.1% | $3,329-62.4% | $3,332-62.4% |
| Admin fee / account holder | $1 | $2,834-100.0% | $3,600-100.0% | $4,645-100.0% |