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 |
|---|---|---|
NATIONWIDE4 years Service code 64 ONE COLUMBUS PLAZA · COLUMBUS, OH 43215 | Recordkeeping Fees | $12,944 |
PENSION ASSURANCE LLP4 years Filed as: THE PENSION SERVICE,INC. Service code 13 127 WASHINGTON AVENUE, WEST WING · NORTH HAVEN, CT 06473 | Contract Administrator | $1,300 |
PENSION ASSURANCE LLP4 years Filed as: THE PENSION SERVICE, INC. Service code 13 | Contract Administrator | $242 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,336 | $65,061-47.2% | $143,757-76.1% | $66,914-48.7% |
| Participation rate | 41.0% | 65.2%-24.1pp | 80.3%-39.3pp | 69.8%-28.8pp |
| Annual return | -17.69% | -11.14%-6.5pp | -0.04%-17.6pp | 1.58%-19.3pp |
| Employer contribution / active EE | $0 | $2,361-100.0% | $4,951-100.0% | $2,544-100.0% |
| Participant deferral / active EE | $2,553 | $2,919-12.5% | $5,637-54.7% | $4,237-39.7% |
| Admin fee / account holder | $151 | $502-70.0% | $14,673-99.0% | $593-74.6% |