Filed November 30, 2021 (most recent of 2 filings on file)
Total covered: 50 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 |
|---|---|---|
Service code 15 · EIN 01-0233346 | Recordkeeping | $62,015 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer 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.)
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 | $105,920 | $77,660+36.4% | $109,143-3.0% | $79,386+33.4% |
| Participation rate | 58.4% | 67.8%-9.4pp | 75.9%-17.5pp | 70.7%-12.3pp |
| Annual return | 15.43% | 23.44%-8.0pp | 25.75%-10.3pp | 116.85%-101.4pp |
| Employer contribution / active EE | $587 | $2,797-79.0% | $3,722-84.2% | $2,427-75.8% |
| Participant deferral / active EE | $5,902 | $3,518+67.8% | $4,653+26.8% | $4,046+45.9% |
| Admin fee / account holder | $758 | $732+3.5% | $6,752-88.8% | $626+21.0% |