Filed May 1, 2020 (most recent of 3 filings on file)
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 INVESTMENTS Service code 37 · EIN 04-2647786 | Loan Processing | $16,402 |
TIAA8 years Service code 37 · EIN 13-1624203 | Loan Processing | $175 |
Service code 60 | Sub-TA Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,912 | $91,762-35.8% | $67,502-12.7% | $77,643-24.1% |
| Participation rate | 55.8% | 75.9%-20.1pp | 72.9%-17.1pp | 70.6%-14.8pp |
| Annual return | 11.50% | 14.87%-3.4pp | 3512.12%-3500.6pp | 31.24%-19.7pp |
| Employer contribution / active EE | $1,468 | $3,181-53.8% | $2,731-46.2% | $2,726-46.1% |
| Participant deferral / active EE | $2,188 | $3,903-44.0% | $4,000-45.3% | $4,647-52.9% |
| Admin fee / account holder | $24 | $176-86.3% | $3,998-99.4% | $430-94.4% |