Filed May 16, 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 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $41,652 |
AMERICAN FUNDS2 years Filed as: THE CAPITAL GROUP INV ADVISORY Service code 27 · EIN 46-4255096 | Advisory (Plan) | $27,939 |
BALDWIN & BALDWIN PLLC1 year Filed as: THE BALDWIN GROUP WEALTH ADVISORS Service code 27 · EIN 47-5476782 | Advisory (Plan) | $8,948 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $46,124 | $119,446-61.4% | $150,045-69.3% | $85,563-46.1% |
| Participation rate | 74.4% | 75.4%-1.0pp | 82.3%-7.9pp | 66.0%+8.4pp |
| Annual return | 26.79% | 23.72%+3.1pp | 62.55%-35.8pp | 31.51%-4.7pp |
| Employer contribution / active EE | $3,089 | $4,078-24.2% | $4,693-34.2% | $2,654+16.4% |
| Participant deferral / active EE | $6,620 | $7,985-17.1% | $7,997-17.2% | $4,375+51.3% |
| Admin fee / account holder | $317 | $548-42.2% | $13,435-97.6% | $834-62.0% |