Filed October 21, 2024
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 15 · EIN 35-0145825 | Recordkeeping | $19,027 |
Filed as: FUTURE CAPITAL Service code 26 · EIN 62-1823351 | Advisory (Participants) | $10,549 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $48,930 | $65,557-25.4% | $64,056-23.6% | $71,457-31.5% |
| Participation rate | 47.3% | 73.2%-25.9pp | 72.3%-25.0pp | 67.9%-20.7pp |
| Annual return | 13.68% | 18.94%-5.3pp | 33.69%-20.0pp | 28.85%-15.2pp |
| Employer contribution / active EE | $202 | $2,669-92.4% | $2,747-92.6% | $2,588-92.2% |
| Participant deferral / active EE | $1,223 | $3,626-66.3% | $3,880-68.5% | $4,289-71.5% |
| Admin fee / account holder | $68 | $616-88.9% | $3,068-97.8% | $1,587-95.7% |