Filed November 2, 2023
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 5-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 37 · EIN 04-2647786 | Loan Processing | $14,854 |
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 | $45,593 | $50,820-10.3% | $155,567-70.7% | $77,671-41.3% |
| Participation rate | 39.6% | 63.1%-23.5pp | 78.2%-38.6pp | 70.6%-31.0pp |
| Annual return | 20.52% | 34.85%-14.3pp | 64.74%-44.2pp | 31.21%-10.7pp |
| Employer contribution / active EE | $1,341 | $1,993-32.7% | $4,674-71.3% | $2,726-50.8% |
| Participant deferral / active EE | $2,815 | $2,823-0.3% | $5,628-50.0% | $4,648-39.4% |
| Admin fee / account holder | $49 | $436-88.8% | $15,916-99.7% | $430-88.7% |