Filed July 9, 2018
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 |
|---|---|---|
THE VANGUARD GROUP, INC.5 years Service code 15 · EIN 23-1945930 | Recordkeeping | $38,077 |
MMA SECURITIES LLC5 years Filed as: MMA SECURITIES, LLC Service code 27 PO BOX 9496 · NEW YORK, NY 100874496 | Advisory (Plan) | $36,191 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $12,320 | $56,467-78.2% | $95,585-87.1% | $102,872-88.0% |
| Participation rate | 66.6% | 62.1%+4.5pp | 72.1%-5.5pp | 73.0%-6.4pp |
| Annual return | 22.05% | 17.94%+4.1pp | 38.56%-16.5pp | 19.06%+3.0pp |
| Employer contribution / active EE | $804 | $1,216-33.9% | $2,527-68.2% | $3,526-77.2% |
| Participant deferral / active EE | $1,398 | $3,007-53.5% | $4,023-65.3% | $5,535-74.7% |
| Admin fee / account holder | $64 | $112-42.7% | $6,127-98.9% | $292-78.0% |