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 | $9,736 |
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 | $70,690 | $48,471+45.8% | $182,532-61.3% | $67,579+4.6% |
| Participation rate | 40.4% | 67.2%-26.8pp | 78.0%-37.5pp | 71.3%-30.9pp |
| Annual return | 22.88% | 31.08%-8.2pp | 148.54%-125.7pp | 378.56%-355.7pp |
| Employer contribution / active EE | $550 | $1,461-62.3% | $4,076-86.5% | $2,148-74.4% |
| Participant deferral / active EE | $1,525 | $3,324-54.1% | $5,524-72.4% | $3,539-56.9% |
| Admin fee / account holder | $24 | $151-84.4% | $8,592-99.7% | $142-83.5% |