Filed December 3, 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 8-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 | $1,841 |
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 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 | $32,806 | $155,795-78.9% | $136,294-75.9% | $69,631-52.9% |
| Participation rate | 68.3% | 75.2%-6.9pp | 81.9%-13.6pp | 70.7%-2.4pp |
| Annual return | 28.54% | 232464.33%-232435.8pp | 5155.94%-5127.4pp | 27571.02%-27542.5pp |
| Employer contribution / active EE | $1,708 | $2,991-42.9% | $4,695-63.6% | $2,032-15.9% |
| Participant deferral / active EE | $5,233 | $5,394-3.0% | $6,247-16.2% | $3,224+62.3% |
| Admin fee / account holder | $163 | $128+27.0% | $9,243-98.2% | $110+47.4% |