Filed December 21, 2022
Total covered: 2 employees
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 |
|---|---|---|
DEFINITI LLC2 years Filed as: DEFINITI-LLC Service code 13 · EIN 85-0833363 2201 TIMBERLOCH PLACE, STE. 150 · THE WOODLANDS, TX 77380 | Contract Administrator | $4,800 |
PNC BANK, N.A.1 year Filed as: PNC BANK NA Service code 99 PO BOX 91249 · CLEVELAND, OH 44101 | Other Fees | $4,086 |
AMERICAN FUNDS3 years Filed as: CAPITAL GROUP RETIREMENT PLAN SERVI Service code 64 6455 IRVINE CENTER DRIVE · IRVINE, CA 92618 | Recordkeeping Fees | $1,175 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,638 | $56,485-38.7% | $185,823-81.4% | $86,799-60.1% |
| Participation rate | 62.6% | 65.5%-2.8pp | 81.7%-19.1pp | 72.3%-9.6pp |
| Annual return | 15.14% | 118.04%-102.9pp | 122.05%-106.9pp | 97.91%-82.8pp |
| Employer contribution / active EE | $1,095 | $1,843-40.6% | $5,167-78.8% | $2,405-54.5% |
| Participant deferral / active EE | $2,025 | $2,553-20.7% | $5,568-63.6% | $4,131-51.0% |
| Admin fee / account holder | $11 | $150-92.8% | $16,237-99.9% | $170-93.6% |