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 | $33,745 |
Service code 27 · EIN 04-2675571 | Advisory (Plan) | $5,061 |
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.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Annual investment return 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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $8,545 | $47,126-81.9% | $149,673-94.3% | $74,419-88.5% |
| Participation rate | 37.3% | 63.4%-26.1pp | 78.8%-41.5pp | 70.7%-33.5pp |
| Annual return | 8.31% | 22.75%-14.4pp | 134.42%-126.1pp | 34.38%-26.1pp |
| Employer contribution / active EE | $436 | $1,905-77.1% | $4,818-91.0% | $2,637-83.5% |
| Participant deferral / active EE | $750 | $2,728-72.5% | $5,680-86.8% | $4,528-83.4% |
| Admin fee / account holder | $342 | $343-0.2% | $13,210-97.4% | $348-1.7% |