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 | $19,758 |
AMERICAN FUNDS1 year Filed as: CATALINA CAPITAL GROUP Service code 16 · EIN 47-1400485 | Consulting | $15,742 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $38,198 | $61,156-37.5% | $185,823-79.4% | $79,386-51.9% |
| Participation rate | 67.8% | 66.6%+1.2pp | 81.7%-13.9pp | 70.7%-2.9pp |
| Annual return | 13.15% | 19.45%-6.3pp | 122.05%-108.9pp | 116.85%-103.7pp |
| Employer contribution / active EE | $633 | $2,321-72.7% | $5,167-87.8% | $2,427-73.9% |
| Participant deferral / active EE | $2,314 | $2,789-17.0% | $5,568-58.4% | $4,046-42.8% |
| Admin fee / account holder | $7 | $710-99.0% | $16,237-100.0% | $626-98.9% |