Filed April 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 | $4,123 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $102,678 | $48,335+112.4% | $121,098-15.2% | $71,457+43.7% |
| Participation rate | 43.2% | 54.3%-11.0pp | 69.5%-26.3pp | 67.9%-24.7pp |
| Annual return | 18.18% | 23.32%-5.1pp | 985.75%-967.6pp | 28.85%-10.7pp |
| Employer contribution / active EE | $1,300 | $1,489-12.7% | $4,164-68.8% | $2,588-49.8% |
| Participant deferral / active EE | $2,748 | $2,754-0.2% | $4,080-32.7% | $4,289-35.9% |
| Admin fee / account holder | $51 | $1,841-97.2% | $5,644-99.1% | $1,587-96.8% |