Filed April 5, 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 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 |
|---|---|---|
CHARLES SCHWAB & CO., INC.1+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES INC Service code 15 · EIN 34-1479833 | Recordkeeping | $667,028 |
WELLS FARGO BANK, N.A.1+ years Filed as: WELLS FARGO BANK Service code 28 · EIN 94-1347393 | Investment Management | $52,500 |
JELD-WEN, INC.1+ years Filed as: JELD-WEN INC Service code 49 · EIN 93-0496342 | Other Services | $51,629 |
Filed as: GALLAGHER BENEFIT SERVICES INC Service code 28 · EIN 36-4291971 | Investment Management | $35,551 |
Filed as: GALLAGHER FIDUCIARY ADVISORS LLC Service code 28 · EIN 20-0516431 | Investment Management | $17,500 |
JONES & ROTH, PC1+ years Filed as: JONES & ROTH PC Service code 10 · EIN 93-0819646 | Accounting | $10,400 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB BANK Service code 25 · EIN 42-1558009 | Directed Trustee | $43 |
CHARLES SCHWAB & CO., INC.1+ years Filed as: CHARLES SCHWAB & CO INC AND AFFILIA Service code 59 | Shareholder Servicing | $0 |
CHARLES SCHWAB & CO., INC.1+ years Service code 59 · EIN 94-1737782 | Shareholder Servicing | $0 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $16,755 | $82,422-79.7% | $67,652-75.2% | $67,505-75.2% |
| Participation rate | 90.4% | 84.2%+6.3pp | 75.7%+14.8pp | 71.2%+19.2pp |
| Annual return | 0.34% | 12.72%-12.4pp | 6625.04%-6624.7pp | 6.52%-6.2pp |
| Employer contribution / active EE | $993 | $2,879-65.5% | $2,266-56.1% | $2,173-54.3% |
| Participant deferral / active EE | $1,880 | $5,020-62.5% | $3,560-47.2% | $3,597-47.7% |
| Admin fee / account holder | $74 | $53+39.8% | $4,821-98.5% | $56+32.5% |