Filed September 8, 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 37 · EIN 04-2647786 | Loan Processing | $8,450 |
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 | $54,549 | $42,810+27.4% | $169,463-67.8% | $55,725-2.1% |
| Participation rate | 43.4% | 64.7%-21.4pp | 77.8%-34.4pp | 70.9%-27.5pp |
| Annual return | -5.49% | -3.61%-1.9pp | 1.83%-7.3pp | 244.93%-250.4pp |
| Employer contribution / active EE | $535 | $1,402-61.9% | $4,159-87.1% | $2,078-74.3% |
| Participant deferral / active EE | $1,465 | $3,141-53.4% | $5,277-72.2% | $3,356-56.3% |
| Admin fee / account holder | $19 | $106-81.8% | $9,109-99.8% | $115-83.2% |