Filed July 19, 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 | $5,700 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $78,109 | $66,601+17.3% | $92,893-15.9% | $67,579+15.6% |
| Participation rate | 66.2% | 72.5%-6.3pp | 76.0%-9.8pp | 71.3%-5.1pp |
| Annual return | 21.36% | 92.58%-71.2pp | 109.41%-88.1pp | 378.56%-357.2pp |
| Employer contribution / active EE | $2,959 | $2,775+6.6% | $3,653-19.0% | $2,148+37.8% |
| Participant deferral / active EE | $3,322 | $3,157+5.2% | $4,236-21.6% | $3,539-6.1% |
| Admin fee / account holder | $16 | $199-92.0% | $5,794-99.7% | $142-88.8% |