Filed October 25, 2022
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 |
|---|---|---|
Service code 15 · EIN 48-1205033 | Recordkeeping | $14,555 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $11,083 | $91,407-87.9% | $135,903-91.8% | $71,457-84.5% |
| Participation rate | 86.0% | 75.7%+10.4pp | 81.9%+4.1pp | 67.9%+18.1pp |
| Annual return | 29.05% | 29.90%-0.8pp | 68.23%-39.2pp | 28.85%+0.2pp |
| Employer contribution / active EE | $2,197 | $3,703-40.7% | $4,856-54.8% | $2,588-15.1% |
| Participant deferral / active EE | $4,761 | $7,092-32.9% | $7,758-38.6% | $4,289+11.0% |
| Admin fee / account holder | $70 | $1,266-94.5% | $10,762-99.3% | $1,587-95.6% |