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 |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES LLC Service code 14 · EIN 04-3532603 | Plan Administrator | $61,887 |
Service code 27 · EIN 43-1451524 | Advisory (Plan) | $25,000 |
STRATEGIC ADVISORS, INC.8 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $15,986 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $113,020 | $132,049-14.4% | $200,582-43.7% | $74,304+52.1% |
| Participation rate | 95.2% | 84.1%+11.1pp | 86.9%+8.3pp | 60.3%+34.8pp |
| Annual return | 16.94% | 22.22%-5.3pp | 42.33%-25.4pp | 29.43%-12.5pp |
| Employer contribution / active EE | $6,293 | $4,558+38.1% | $6,419-2.0% | $2,241+180.8% |
| Participant deferral / active EE | $5,285 | $7,213-26.7% | $9,331-43.4% | $3,767+40.3% |
| Admin fee / account holder | $349 | $2,405-85.5% | $16,305-97.9% | $2,969-88.3% |