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 | $85,515+5.3% | $112,040-19.6% | $67,986+32.5% |
| Participation rate | 55.0% | 68.2%-13.3pp | 76.5%-21.5pp | 57.2%-2.2pp |
| Annual return | 12.20% | 29.68%-17.5pp | 24.52%-12.3pp | 31.67%-19.5pp |
| Employer contribution / active EE | $1,803 | $2,191-17.7% | $2,954-39.0% | $2,019-10.7% |
| Participant deferral / active EE | $4,182 | $4,014+4.2% | $5,098-18.0% | $3,358+24.5% |
| Admin fee / account holder | $89 | $3,774-97.6% | $12,098-99.3% | $3,203-97.2% |