Filed January 12, 2022
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 37 · EIN 04-2647786 | Loan Processing | $25,453 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $10,531 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $19,932 | $155,795-87.2% | $136,294-85.4% | $69,631-71.4% |
| Participation rate | 97.3% | 75.2%+22.0pp | 81.9%+15.3pp | 70.7%+26.6pp |
| Annual return | 20.90% | 232464.33%-232443.4pp | 5155.94%-5135.0pp | 27571.02%-27550.1pp |
| Employer contribution / active EE | $0 | $2,991-100.0% | $4,695-100.0% | $2,032-100.0% |
| Participant deferral / active EE | $3,027 | $5,394-43.9% | $6,247-51.5% | $3,224-6.1% |
| Admin fee / account holder | $85 | $128-33.4% | $9,243-99.1% | $110-22.6% |