Filed February 7, 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 | $6,098 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $21,845 | $29,546-26.1% | $56,441-61.3% | $77,671-71.9% |
| Participation rate | 67.4% | 32.7%+34.7pp | 52.5%+14.9pp | 70.6%-3.2pp |
| Annual return | 19.16% | 19.01%+0.1pp | 1704.21%-1685.1pp | 31.21%-12.1pp |
| Employer contribution / active EE | $0 | $568-100.0% | $1,039-100.0% | $2,726-100.0% |
| Participant deferral / active EE | $1,963 | $1,061+85.0% | $1,953+0.5% | $4,648-57.8% |
| Admin fee / account holder | $17 | $1,046-98.4% | $2,829-99.4% | $430-96.1% |