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 28 · EIN 94-2832299 | Investment Management | $505,649 |
Service code 26 · EIN 27-4826969 | Advisory (Participants) | $5,599 |
CHARLES SCHWAB & CO., INC.4 years Service code 33 · EIN 94-1737782 | Shareholder servicing fees; Securitie... | $1,286 |
Filed as: CHARLES SCHWAB & CO INC. AND AFFILI 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 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 | $660,945 | $136,307+384.9% | $177,821+271.7% | $73,488+799.4% |
| Participation rate | 79.2% | 86.1%-6.9pp | 87.7%-8.6pp | 70.7%+8.5pp |
| Annual return | 14.47% | 18.68%-4.2pp | 48.32%-33.9pp | 28.51%-14.0pp |
| Employer contribution / active EE | $20,842 | $3,712+461.5% | $5,918+252.2% | $2,270+818.1% |
| Participant deferral / active EE | $12,243 | $5,829+110.0% | $7,714+58.7% | $3,740+227.4% |
| Admin fee / account holder | $2,062 | $596+246.3% | $12,427-83.4% | $513+302.0% |