Filed August 2, 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 49 · EIN 71-0927304 | Other Services | $7,939 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $2,753 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $28,122 | $63,745-55.9% | $98,442-71.4% | $79,386-64.6% |
| Participation rate | 67.6% | 69.9%-2.2pp | 73.3%-5.7pp | 70.7%-3.1pp |
| Annual return | 27.87% | 625.80%-597.9pp | 1492.73%-1464.9pp | 116.85%-89.0pp |
| Employer contribution / active EE | $830 | $2,557-67.5% | $2,960-72.0% | $2,427-65.8% |
| Participant deferral / active EE | $2,316 | $3,303-29.9% | $4,276-45.8% | $4,046-42.7% |
| Admin fee / account holder | $18 | $516-96.5% | $5,949-99.7% | $626-97.1% |