Filed February 6, 2025
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 7-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 37 · EIN 04-2647786 | Loan Processing | $24,873 |
Service code 27 · EIN 38-2722519 | Advisory (Plan) | $14,209 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $33,521 | $82,972-59.6% | $103,374-67.6% | $77,671-56.8% |
| Participation rate | 47.5% | 71.5%-24.0pp | 74.5%-27.0pp | 70.6%-23.1pp |
| Annual return | 21.27% | 19.14%+2.1pp | 24.89%-3.6pp | 31.21%-9.9pp |
| Employer contribution / active EE | $1,141 | $3,554-67.9% | $3,869-70.5% | $2,726-58.1% |
| Participant deferral / active EE | $2,442 | $4,108-40.6% | $5,058-51.7% | $4,648-47.5% |
| Admin fee / account holder | $191 | $639-70.0% | $8,394-97.7% | $430-55.6% |