Filed January 4, 2023 (most recent of 2 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 13 · EIN 42-0127290 | Contract Administrator | $633 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $192,754 | $88,370+118.1% | $112,977+70.6% | $79,858+141.4% |
| Participation rate | 89.7% | 76.8%+12.9pp | 82.6%+7.1pp | 69.6%+20.0pp |
| Annual return | 9.68% | 23.16%-13.5pp | 24.24%-14.6pp | 31.71%-22.0pp |
| Employer contribution / active EE | $9,286 | $3,398+173.3% | $4,255+118.3% | $2,471+275.8% |
| Participant deferral / active EE | $0 | $4,536-100.0% | $5,836-100.0% | $3,740-100.0% |
| Admin fee / account holder | $801 | $5,750-86.1% | $6,294-87.3% | $5,306-84.9% |