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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $24,908 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $114,694 | $82,917+38.3% | $103,333+11.0% | $77,643+47.7% |
| Participation rate | 66.4% | 71.6%-5.1pp | 74.5%-8.1pp | 70.6%-4.2pp |
| Annual return | 13.62% | 19.13%-5.5pp | 24.88%-11.3pp | 31.24%-17.6pp |
| Employer contribution / active EE | $2,308 | $3,552-35.0% | $3,868-40.3% | $2,726-15.3% |
| Participant deferral / active EE | $3,804 | $4,108-7.4% | $5,057-24.8% | $4,647-18.1% |
| Admin fee / account holder | $83 | $638-87.0% | $8,355-99.0% | $430-80.8% |