Filed September 29, 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 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 |
|---|---|---|
NATIONWIDE1 year Service code 13 · EIN 31-4156830 | Contract Administrator | $59,020 |
BOYCE & ASSOCIATES, INC.1 year Service code 14 · EIN 86-0646843 | Plan Administrator | $13,650 |
Service code 64 · EIN 04-2647786 | Recordkeeping Fees | $174 |
UBS FINANCIAL SERVICES INC2+ years Filed as: UBS FINANCIAL SERVICES Service code 16 · EIN 13-2655998 | Consulting | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $10,872 | $36,916-70.6% | $156,549-93.1% | $57,658-81.1% |
| Participation rate | 92.4% | 63.4%+29.0pp | 84.0%+8.4pp | 70.2%+22.2pp |
| Annual return | 9.46% | 12.38%-2.9pp | 32.23%-22.8pp | 5.13%+4.3pp |
| Employer contribution / active EE | $1,579 | $1,571+0.5% | $5,501-71.3% | $1,974-20.0% |
| Participant deferral / active EE | $1,510 | $1,926-21.6% | $4,871-69.0% | $3,061-50.7% |
| Admin fee / account holder | $0 | $82-99.7% | $13,027-100.0% | $95-99.7% |