Filed June 24, 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 13-3689044 | Recordkeeping | $50,429 |
OSAIC WEALTH INC2 years Service code 22 · EIN 93-0987232 | Insurance Broker | $32,426 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $47,828 | $87,870-45.6% | $113,168-57.7% | $74,304-35.6% |
| Participation rate | 71.7% | 70.7%+0.9pp | 76.6%-4.9pp | 60.3%+11.3pp |
| Annual return | 19.50% | 26.44%-6.9pp | 24.27%-4.8pp | 29.43%-9.9pp |
| Employer contribution / active EE | $1,682 | $2,277-26.2% | $2,975-43.5% | $2,241-25.0% |
| Participant deferral / active EE | $2,997 | $4,241-29.3% | $5,107-41.3% | $3,767-20.5% |
| Admin fee / account holder | $400 | $3,368-88.1% | $12,068-96.7% | $2,969-86.5% |