Filed May 20, 2025
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $19,314 |
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $11,074 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,500 | $46,292-88.1% | $143,757-96.2% | $64,808-91.5% |
| Participation rate | 51.4% | 64.2%-12.8pp | 80.3%-28.9pp | 71.5%-20.0pp |
| Annual return | -13.57% | -10.05%-3.5pp | -0.04%-13.5pp | 32.82%-46.4pp |
| Employer contribution / active EE | $428 | $1,910-77.6% | $4,951-91.4% | $2,506-82.9% |
| Participant deferral / active EE | $786 | $2,646-70.3% | $5,637-86.1% | $4,310-81.8% |
| Admin fee / account holder | $46 | $154-69.8% | $14,673-99.7% | $188-75.2% |