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) | $24,552 |
Service code 37 · EIN 04-2647786 | Loan Processing | $19,695 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $68,826 | $51,197+34.4% | $82,719-16.8% | $66,914+2.9% |
| Participation rate | 36.9% | 67.8%-30.9pp | 72.6%-35.7pp | 69.8%-32.9pp |
| Annual return | -14.58% | -9.64%-4.9pp | 701.18%-715.8pp | 1.58%-16.2pp |
| Employer contribution / active EE | $862 | $2,611-67.0% | $3,009-71.4% | $2,544-66.1% |
| Participant deferral / active EE | $1,954 | $3,458-43.5% | $4,395-55.5% | $4,237-53.9% |
| Admin fee / account holder | $425 | $416+2.4% | $5,329-92.0% | $593-28.3% |