Filed September 20, 2024
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 5-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 37 · EIN 04-2647786 | Loan Processing | $19,019 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $60,245 | $56,485+6.7% | $185,823-67.6% | $86,799-30.6% |
| Participation rate | 74.2% | 65.5%+8.8pp | 81.7%-7.5pp | 72.3%+2.0pp |
| Annual return | 38.86% | 118.04%-79.2pp | 122.05%-83.2pp | 97.91%-59.0pp |
| Employer contribution / active EE | $0 | $1,843-100.0% | $5,167-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $13,001 | $2,553+409.2% | $5,568+133.5% | $4,131+214.7% |
| Admin fee / account holder | $27 | $150-81.9% | $16,237-99.8% | $170-84.0% |