Filed November 10, 2020 (most recent of 2 filings on file)
See peer percentile detail. $4.99 for your first month.
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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 |
|---|---|---|
NATIONWIDE5 years Service code 64 ONE COLUMBUS PLAZA · COLUMBUS, OH 43215 | Recordkeeping Fees | $14,304 |
PENSION ASSURANCE LLP5 years Filed as: THE PENSION SERVICE,INC. Service code 13 127 WASHINGTON AVENUE, WEST WING · NORTH HAVEN, CT 06473 | Contract Administrator | $2,000 |
PENSION ASSURANCE LLP5 years Filed as: THE PENSION SERVICE, INC. Service code 13 | Contract Administrator | $303 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,871 | $61,272-36.6% | $149,673-74.0% | $71,457-45.6% |
| Participation rate | 54.8% | 62.5%-7.7pp | 78.8%-23.9pp | 67.9%-13.1pp |
| Annual return | 12.62% | 35.85%-23.2pp | 134.42%-121.8pp | 28.85%-16.2pp |
| Employer contribution / active EE | $0 | $2,378-100.0% | $4,818-100.0% | $2,588-100.0% |
| Participant deferral / active EE | $4,014 | $2,917+37.6% | $5,680-29.3% | $4,289-6.4% |
| Admin fee / account holder | $165 | $1,261-86.9% | $13,210-98.8% | $1,587-89.6% |