Filed January 30, 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 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 |
|---|---|---|
SMITH & ASSOCIATES1 year Service code 10 · EIN 91-0959909 | Accounting | $10,752 |
Service code 26 · EIN 71-0294708 | Advisory (Participants) | $2,037 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $43,793 | $42,548+2.9% | $74,550-41.3% | $56,287-22.2% |
| Participation rate | 46.5% | 60.5%-14.0pp | 69.1%-22.7pp | 69.9%-23.4pp |
| Annual return | -4.49% | 12.40%-16.9pp | 32.53%-37.0pp | -9.96%+5.5pp |
| Employer contribution / active EE | $452 | $855-47.1% | $1,961-76.9% | $2,111-78.6% |
| Participant deferral / active EE | $2,689 | $2,277+18.1% | $3,108-13.5% | $3,350-19.7% |
| Admin fee / account holder | $84 | $467-81.9% | $5,060-98.3% | $521-83.8% |