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 |
|---|---|---|
Filed as: FIDELITY WORKPLACE SERVICES LLC Service code 14 · EIN 04-3532603 | Plan Administrator | $8,632 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $54,046 | $58,644-7.8% | $177,989-69.6% | $199,593-72.9% |
| Participation rate | 31.0% | 65.5%-34.5pp | 77.1%-46.1pp | 72.0%-41.0pp |
| Annual return | 16.39% | 19.25%-2.9pp | 294.48%-278.1pp | 34.25%-17.9pp |
| Employer contribution / active EE | $468 | $1,801-74.0% | $3,949-88.2% | $3,034-84.6% |
| Participant deferral / active EE | $1,481 | $4,248-65.1% | $6,276-76.4% | $5,087-70.9% |
| Admin fee / account holder | $19 | $145-86.7% | $10,363-99.8% | $269-92.8% |