Filed May 11, 2023
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 26 · EIN 59-3331424 3030 N ROCKY POINT DR W #700 · TAMPA, FL 33607 | Advisory (Participants) | $49,559 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $7,102 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $158,557 | $101,499+56.2% | $147,005+7.9% | $74,546+112.7% |
| Participation rate | 100.0% | 75.5%+24.5pp | 82.2%+17.8pp | 67.2%+32.8pp |
| Annual return | 14.40% | 8732.34%-8717.9pp | 418.76%-404.4pp | 1366.03%-1351.6pp |
| Employer contribution / active EE | $4,560 | $3,811+19.6% | $4,934-7.6% | $2,624+73.7% |
| Participant deferral / active EE | $9,990 | $7,304+36.8% | $8,070+23.8% | $4,347+129.8% |
| Admin fee / account holder | $428 | $1,748-75.5% | $13,006-96.7% | $1,944-78.0% |