Filed May 29, 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 |
|---|---|---|
TIAA8 years Service code 64 · EIN 13-1624203 | Recordkeeping Fees | $65,153 |
Annual investment return 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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $4,502 | $58,336-92.3% | $97,226-95.4% | $199,593-97.7% |
| Participation rate | 99.5% | 63.8%+35.8pp | 72.7%+26.9pp | 72.0%+27.6pp |
| Annual return | 12.69% | 32.81%-20.1pp | 75.13%-62.4pp | 34.25%-21.6pp |
| Employer contribution / active EE | $797 | $1,416-43.7% | $2,729-70.8% | $3,034-73.7% |
| Participant deferral / active EE | $1,162 | $3,240-64.1% | $4,264-72.8% | $5,087-77.2% |
| Admin fee / account holder | $22 | $114-81.1% | $5,654-99.6% | $269-92.0% |