Filed July 17, 2024 (most recent of 4 filings on file)
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 |
|---|---|---|
MILLIMAN, INC.10+ years Filed as: MILLIMAN Service code 15 · EIN 91-0675641 | Recordkeeping | $76,716 |
CHARLES SCHWAB & CO., INC.5 years Filed as: CHARLES SCHWAB TRUST BANK Service code 19 · EIN 82-3967259 | Securities Custodian | $13,168 |
CHARLES SCHWAB & CO., INC.10+ years Filed as: CHARLES SCHWAB & CO. INC. Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $96,274 | $129,095-25.4% | $184,200-47.7% | $77,671+24.0% |
| Participation rate | 98.1% | 87.3%+10.8pp | 86.8%+11.3pp | 70.6%+27.6pp |
| Annual return | 14.79% | 33.29%-18.5pp | 28.80%-14.0pp | 31.21%-16.4pp |
| Employer contribution / active EE | $3,958 | $4,410-10.2% | $6,424-38.4% | $2,726+45.2% |
| Participant deferral / active EE | $8,721 | $7,300+19.5% | $9,132-4.5% | $4,648+87.6% |
| Admin fee / account holder | $83 | $256-67.4% | $13,907-99.4% | $430-80.6% |