Filed June 5, 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 6-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 |
|---|---|---|
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930 | Recordkeeping | $27,382 |
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 | $41,205 | $92,055-55.2% | $106,213-61.2% | $77,643-46.9% |
| Participation rate | 67.2% | 81.0%-13.8pp | 75.3%-8.1pp | 70.6%-3.4pp |
| Annual return | 16.51% | 17.91%-1.4pp | 116.14%-99.6pp | 31.24%-14.7pp |
| Employer contribution / active EE | $3,528 | $3,367+4.8% | $3,171+11.2% | $2,726+29.4% |
| Participant deferral / active EE | $5,248 | $5,386-2.6% | $5,016+4.6% | $4,647+12.9% |
| Admin fee / account holder | $101 | $219-54.0% | $11,033-99.1% | $430-76.6% |