Filed February 18, 2024
Total covered: 14 employees
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 |
|---|---|---|
THE VANGUARD GROUP, INC.3+ years Filed as: THE VANGUARD GROUP, INC Service code 37 · EIN 23-1945930 | Loan Processing | $15,522 |
PROSPERA FINANCIAL SERVICES2+ years Filed as: PROSPER FINANCIAL Service code 27 · EIN 75-1832551 | Advisory (Plan) | $10,410 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $22,335 | $80,753-72.3% | $136,294-83.6% | $62,292-64.1% |
| Participation rate | 99.0% | 73.5%+25.4pp | 81.9%+17.1pp | 69.5%+29.5pp |
| Annual return | 16.56% | 35.83%-19.3pp | 5155.94%-5139.4pp | 28.90%-12.3pp |
| Employer contribution / active EE | $381 | $2,884-86.8% | $4,695-91.9% | $2,042-81.4% |
| Participant deferral / active EE | $2,943 | $5,164-43.0% | $6,247-52.9% | $3,169-7.1% |
| Admin fee / account holder | $95 | $525-81.8% | $9,243-99.0% | $479-80.1% |