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 |
|---|---|---|
NATIONWIDE2 years Service code 64 ONE COLUMBUS PLAZA · COLUMBUS, OH 43215 | Recordkeeping Fees | $9,079 |
PENSION ASSURANCE LLP2 years Filed as: THE PENSION SERVICE, INC. Service code 13 | Contract Administrator | $2,036 |
PENSION ASSURANCE LLP2 years Filed as: THE PENSION SERVICE,INC. Service code 13 127 WASHINGTON AVENUE, WEST WING · NORTH HAVEN, CT 06473 | Contract Administrator | $675 |
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.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $34,795 | $58,879-40.9% | $178,490-80.5% | $73,488-52.7% |
| Participation rate | 45.7% | 66.2%-20.5pp | 81.9%-36.2pp | 70.7%-25.0pp |
| Annual return | 5.26% | 24.86%-19.6pp | 151.07%-145.8pp | 28.51%-23.2pp |
| Employer contribution / active EE | $0 | $2,236-100.0% | $5,011-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $2,665 | $2,567+3.8% | $5,202-48.8% | $3,740-28.7% |
| Admin fee / account holder | $140 | $400-64.9% | $13,984-99.0% | $513-72.6% |