Filed November 10, 2020 (most recent of 2 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 |
|---|---|---|
EASTERN BANK3 years Service code 26 · EIN 04-3255888 | Advisory (Participants) | $7,240 |
Service code 26 · EIN 04-3255888 | Advisory (Participants) | $5,099 |
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SERVICE, INC. Service code 13 | Contract Administrator | $2,000 |
NATIONWIDE1 year Service code 64 ONE COLUMBUS PLAZA · COLUMBUS, OH 43215 | Recordkeeping Fees | $1,922 |
PENSION ASSURANCE LLP1 year Filed as: THE PENSION SERVICE,INC. Service code 13 127 WASHINGTON AVENUE, WEST WING · NORTH HAVEN, CT 06473 | Contract Administrator | $400 |
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 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 | $33,101 | $52,953-37.5% | $172,739-80.8% | $65,185-49.2% |
| Participation rate | 32.2% | 66.2%-34.0pp | 82.6%-50.5pp | 70.2%-38.0pp |
| Annual return | 8.99% | 30.12%-21.1pp | 802.84%-793.9pp | 29.38%-20.4pp |
| Employer contribution / active EE | $0 | $2,190-100.0% | $5,143-100.0% | $2,177-100.0% |
| Participant deferral / active EE | $1,416 | $2,471-42.7% | $5,198-72.7% | $3,514-59.7% |
| Admin fee / account holder | $238 | $472-49.6% | $13,954-98.3% | $847-71.9% |