Filed May 1, 2024
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 15 · EIN 01-0233346 | Recordkeeping | $5,151 |
Filed as: WILSHIRE ASSOCIATES, INC. Service code 26 · EIN 95-2755361 1299 OCEAN AVE. · SANTA MONICA, CA 90401 | Advisory (Participants) | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return is in the bottom quintile of the peer cohort.
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 | $51,326 | $103,685-50.5% | $105,387-51.3% | $65,185-21.3% |
| Participation rate | 98.6% | 83.2%+15.4pp | 82.6%+16.0pp | 70.2%+28.4pp |
| Annual return | 16.64% | 23.88%-7.2pp | 26.82%-10.2pp | 29.38%-12.7pp |
| Employer contribution / active EE | $2,123 | $3,842-44.7% | $4,213-49.6% | $2,177-2.5% |
| Participant deferral / active EE | $1,741 | $5,634-69.1% | $5,502-68.4% | $3,514-50.4% |
| Admin fee / account holder | $383 | $399-4.1% | $6,559-94.2% | $847-54.8% |