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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.11+ years Filed as: SCHWAB RETIREMENT PLAN SERVICES,INC Service code 15 · EIN 34-1479833 | Recordkeeping | $98,655 |
MORNINGSTAR2 years Filed as: MORNINGSTAR INC Service code 28 · EIN 36-3297908 | Investment Management | $7,029 |
CHARLES SCHWAB & CO., INC.11+ years Service code 33 · EIN 94-1737782 | Securities brokerage; Shareholder ser... | $394 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $147,653 | $103,975+42.0% | $160,784-8.2% | $103,975+42.0% |
| Participation rate | 59.0% | 72.5%-13.5pp | 77.0%-17.9pp | 72.5%-13.5pp |
| Annual return | 10.76% | 19.41%-8.6pp | 1803.92%-1793.2pp | 19.41%-8.6pp |
| Employer contribution / active EE | $2,645 | $3,722-28.9% | $3,733-29.1% | $3,722-28.9% |
| Participant deferral / active EE | $5,706 | $5,343+6.8% | $6,293-9.3% | $5,343+6.8% |
| Admin fee / account holder | $108 | $332-67.6% | $9,717-98.9% | $332-67.6% |