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 | $74,410 |
LPL FINANCIAL4 years Filed as: LPL FINANCIAL CORPORATION Service code 26 · EIN 04-3046611 | Advisory (Participants) | $20,576 |
Filed as: SMITH ELLIOTT KEARNS & COMPANY, LLC Service code 64 · EIN 52-0783935 | Recordkeeping Fees | $2,299 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,514 | $82,202-44.6% | $125,339-63.7% | $64,808-29.8% |
| Participation rate | 69.0% | 77.9%-8.8pp | 82.4%-13.3pp | 71.5%-2.4pp |
| Annual return | -10.79% | 3.48%-14.3pp | 572.05%-582.8pp | 32.82%-43.6pp |
| Employer contribution / active EE | $2,446 | $3,615-32.3% | $4,814-49.2% | $2,506-2.4% |
| Participant deferral / active EE | $7,147 | $7,175-0.4% | $7,446-4.0% | $4,310+65.8% |
| Admin fee / account holder | $184 | $163+12.7% | $10,010-98.2% | $188-2.0% |