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 17 · EIN 13-5674085 | Pension Consulting | $24,124 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $6,444 |
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 | $143,778 | $103,966+38.3% | $112,887+27.4% | $75,163+91.3% |
| Participation rate | 92.0% | 75.7%+16.4pp | 80.5%+11.5pp | 67.2%+24.9pp |
| Annual return | 10.13% | 24.54%-14.4pp | 34.10%-24.0pp | 160.62%-150.5pp |
| Employer contribution / active EE | $10,123 | $3,870+161.6% | $4,563+121.8% | $2,670+279.2% |
| Participant deferral / active EE | $368 | $5,456-93.3% | $6,513-94.3% | $4,125-91.1% |
| Admin fee / account holder | $318 | $7,663-95.8% | $7,047-95.5% | $5,651-94.4% |