Filed May 1, 2024 (most recent of 4 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 27 · EIN 11-3018002 | Advisory (Plan) | $16,787 |
Service code 37 · EIN 04-2647786 | Loan Processing | $15,365 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $52,808 | $44,873+17.7% | $79,464-33.5% | $56,287-6.2% |
| Participation rate | 75.4% | 68.7%+6.7pp | 73.3%+2.1pp | 69.9%+5.6pp |
| Annual return | -6.13% | 0.81%-6.9pp | 718.14%-724.3pp | -9.96%+3.8pp |
| Employer contribution / active EE | $1,894 | $2,140-11.5% | $2,800-32.4% | $2,111-10.3% |
| Participant deferral / active EE | $3,489 | $2,746+27.1% | $3,704-5.8% | $3,350+4.2% |
| Admin fee / account holder | $337 | $418-19.4% | $5,113-93.4% | $521-35.3% |