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 | $49,277 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL CORPORATION Service code 26 · EIN 04-3046611 | Advisory (Participants) | $34,642 |
Filed as: SMITH ELLIOTT KEARNS & COMPANY, LLC Service code 64 · EIN 52-0783935 | Recordkeeping Fees | $5,422 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,690 | $100,801-54.7% | $149,696-69.5% | $73,409-37.8% |
| Participation rate | 61.3% | 77.7%-16.4pp | 82.5%-21.2pp | 72.2%-10.9pp |
| Annual return | 22.54% | 265.34%-242.8pp | 276.60%-254.1pp | 59.29%-36.8pp |
| Employer contribution / active EE | $1,479 | $3,312-55.3% | $4,644-68.1% | $2,234-33.8% |
| Participant deferral / active EE | $4,889 | $6,404-23.7% | $6,842-28.5% | $3,805+28.5% |
| Admin fee / account holder | $200 | $181+10.8% | $9,309-97.8% | $158+26.9% |