Filed October 15, 2024 (most recent of 4 filings on file)
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 16-1450952 | Recordkeeping | $35,801 |
Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $23,476 |
CHARLES SCHWAB & CO., INC.8+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,659 | $95,918-63.9% | $151,611-77.1% | $77,904-55.5% |
| Participation rate | 94.9% | 88.7%+6.2pp | 87.5%+7.4pp | 73.7%+21.2pp |
| Annual return | -15.57% | -5.50%-10.1pp | 3.33%-18.9pp | 12.21%-27.8pp |
| Employer contribution / active EE | $2,273 | $4,330-47.5% | $6,166-63.1% | $2,848-20.2% |
| Participant deferral / active EE | $3,282 | $7,508-56.3% | $8,363-60.8% | $4,806-31.7% |
| Admin fee / account holder | $25 | $93-73.3% | $11,616-99.8% | $133-81.2% |