Filed March 1, 2022 (most recent of 2 filings on file)
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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $7,782 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $90,088 | $87,870+2.5% | $113,168-20.4% | $74,304+21.2% |
| Participation rate | 55.0% | 70.7%-15.8pp | 76.6%-21.6pp | 60.3%-5.4pp |
| Annual return | 12.20% | 26.44%-14.2pp | 24.27%-12.1pp | 29.43%-17.2pp |
| Employer contribution / active EE | $1,803 | $2,277-20.8% | $2,975-39.4% | $2,241-19.5% |
| Participant deferral / active EE | $4,182 | $4,241-1.4% | $5,107-18.1% | $3,767+11.0% |
| Admin fee / account holder | $89 | $3,368-97.4% | $12,068-99.3% | $2,969-97.0% |