Filed October 10, 2024 (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 |
|---|---|---|
SUMMIT FINANCIAL CORPORATION2 years Service code 13 300 BALLARDVALE STREET · WILMINGTON, MA 01887 | Contract Administrator | $17,993 |
NATIONWIDE3 years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $14,761 |
Service code 33 29 SAWYER RD · WALTHAM, MA 02453 | Securities brokerage; Other fees | $10,199 |
Filed as: FIDELITY Service code 37 · EIN 04-2647786 | Loan Processing | $580 |
Service code 12 · EIN 13-3689044 | Direct payment from the plan; Partici... | $56 |
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 | $88,962 | $105,181-15.4% | $159,436-44.2% | $85,850+3.6% |
| Participation rate | 96.9% | 75.8%+21.2pp | 82.8%+14.1pp | 69.3%+27.6pp |
| Annual return | 15.18% | 45.07%-29.9pp | 263.57%-248.4pp | 318.53%-303.4pp |
| Employer contribution / active EE | $2,788 | $3,318-16.0% | $4,829-42.3% | $2,565+8.7% |
| Participant deferral / active EE | $8,315 | $5,945+39.9% | $7,352+13.1% | $3,952+110.4% |
| Admin fee / account holder | $255 | $6,933-96.3% | $10,799-97.6% | $6,260-95.9% |