Filed April 28, 2022 (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 |
|---|---|---|
Service code 27 · EIN 20-4751585 | Advisory (Plan) | $57,000 |
Service code 12 · EIN 13-3689044 | Distribution (12b-1) fees; Finders' f... | $34,404 |
CARON & BLETZER, PLLC9+ years Service code 10 · EIN 04-3499945 | Accounting | $18,800 |
Filed as: CHARLES SCHWAB & CO, INC Service code 33 | Securities brokerage; Securities brok... | $0 |
Filed as: CHARLES SCHWAB & CO., INC Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $0 |
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $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).
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 | $112,105 | $50,127+123.6% | $149,673-25.1% | $80,160+39.9% |
| Participation rate | 66.2% | 64.3%+1.9pp | 78.8%-12.6pp | 72.9%-6.8pp |
| Annual return | 15.97% | 29.82%-13.8pp | 134.42%-118.4pp | 40.38%-24.4pp |
| Employer contribution / active EE | $1,545 | $1,865-17.1% | $4,818-67.9% | $2,978-48.1% |
| Participant deferral / active EE | $5,239 | $3,194+64.1% | $5,680-7.8% | $5,017+4.4% |
| Admin fee / account holder | $53 | $153-65.2% | $13,210-99.6% | $145-63.3% |