Filed March 14, 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 |
|---|---|---|
Service code 26 · EIN 27-4826969 | Advisory (Participants) | $6,515 |
CHARLES SCHWAB & CO., INC.8 years Service code 33 · EIN 94-1737782 | Float revenue; Securities brokerage c... | $867 |
CHARLES SCHWAB & CO., INC.2 years Filed as: CHARLES SCHWAB & CO.INC. AND AFFIL Service code 59 | Shareholder Servicing | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Plan reported corrective distributions (failed ADP/ACP testing).
Assets per participant exceed $250,000 - top-decile high-value plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $853,376 | $129,021+561.4% | $184,203+363.3% | $77,643+999.1% |
| Participation rate | 91.3% | 87.3%+3.9pp | 86.8%+4.5pp | 70.6%+20.7pp |
| Annual return | 23.50% | 33.27%-9.8pp | 28.81%-5.3pp | 31.24%-7.7pp |
| Employer contribution / active EE | $28,725 | $4,413+551.0% | $6,427+346.9% | $2,726+953.8% |
| Participant deferral / active EE | $17,111 | $7,297+134.5% | $9,131+87.4% | $4,647+268.2% |
| Admin fee / account holder | $2,909 | $254+1045.8% | $13,901-79.1% | $430+575.8% |