Filed June 28, 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 5-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 27 24 E COTA ST STE 200 · SANTA BARBARA, CA 93101 | Advisory (Plan) | $21,768 |
JPMORGAN INVEST HOLDINGS LLC4+ years Service code 64 | Recordkeeping Fees | $4,458 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return 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 | $75,765 | $91,407-17.1% | $135,903-44.3% | $71,457+6.0% |
| Participation rate | 69.6% | 75.7%-6.0pp | 81.9%-12.3pp | 67.9%+1.7pp |
| Annual return | 14.06% | 29.90%-15.8pp | 68.23%-54.2pp | 28.85%-14.8pp |
| Employer contribution / active EE | $3,298 | $3,703-10.9% | $4,856-32.1% | $2,588+27.5% |
| Participant deferral / active EE | $6,677 | $7,092-5.9% | $7,758-13.9% | $4,289+55.7% |
| Admin fee / account holder | $233 | $1,266-81.6% | $10,762-97.8% | $1,587-85.3% |