Filed December 12, 2022 (most recent of 5 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 37 · EIN 04-2647786 | Loan Processing | $54,652 |
Service code 27 · EIN 43-1451524 | Advisory (Plan) | $25,000 |
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $15,975 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $75,579 | $102,553-26.3% | $151,611-50.1% | $66,914+12.9% |
| Participation rate | 99.6% | 85.5%+14.0pp | 87.5%+12.1pp | 69.8%+29.8pp |
| Annual return | -14.36% | -10.82%-3.5pp | 3.33%-17.7pp | 1.58%-15.9pp |
| Employer contribution / active EE | $6,345 | $4,180+51.8% | $6,166+2.9% | $2,544+149.4% |
| Participant deferral / active EE | $4,605 | $6,641-30.7% | $8,363-44.9% | $4,237+8.7% |
| Admin fee / account holder | $325 | $630-48.3% | $11,616-97.2% | $593-45.2% |