Filed July 10, 2024
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 9-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 15 · EIN 35-0145825 | Recordkeeping | $17,994 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $35,672 | $52,293-31.8% | $178,490-80.0% | $73,409-51.4% |
| Participation rate | 49.5% | 65.3%-15.9pp | 81.9%-32.5pp | 72.2%-22.7pp |
| Annual return | 15.23% | 34.75%-19.5pp | 151.07%-135.8pp | 59.29%-44.1pp |
| Employer contribution / active EE | $518 | $1,735-70.1% | $5,011-89.7% | $2,234-76.8% |
| Participant deferral / active EE | $1,542 | $2,332-33.9% | $5,202-70.3% | $3,805-59.5% |
| Admin fee / account holder | $19 | $127-85.3% | $13,984-99.9% | $158-88.2% |