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 |
|---|---|---|
Filed as: CLOSED DLR-AMERICAN PORTFOLIOS Service code 27 · EIN 11-3018002 | Advisory (Plan) | $24,902 |
Service code 37 · EIN 04-2647786 | Loan Processing | $14,939 |
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.)
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 | $74,015 | $65,908+12.3% | $81,812-9.5% | $77,643-4.7% |
| Participation rate | 34.9% | 65.8%-30.9pp | 72.3%-37.4pp | 70.6%-35.7pp |
| Annual return | 14.23% | 26.64%-12.4pp | 773.79%-759.6pp | 31.24%-17.0pp |
| Employer contribution / active EE | $1,127 | $2,370-52.5% | $2,912-61.3% | $2,726-58.7% |
| Participant deferral / active EE | $2,049 | $3,505-41.6% | $4,319-52.6% | $4,647-55.9% |
| Admin fee / account holder | $314 | $526-40.4% | $7,386-95.8% | $430-27.1% |