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 | $28,163 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $18,564 |
CHARLES SCHWAB & CO., INC.9+ 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 | $41,589 | $112,686-63.1% | $169,993-75.5% | $80,160-48.1% |
| Participation rate | 94.6% | 87.4%+7.2pp | 87.0%+7.6pp | 72.9%+21.7pp |
| Annual return | 21.00% | 67.04%-46.0pp | 53.37%-32.4pp | 40.38%-19.4pp |
| Employer contribution / active EE | $2,471 | $4,481-44.9% | $6,785-63.6% | $2,978-17.0% |
| Participant deferral / active EE | $3,474 | $7,876-55.9% | $10,408-66.6% | $5,017-30.7% |
| Admin fee / account holder | $19 | $99-81.1% | $12,815-99.9% | $145-87.1% |