Filed October 22, 2024 (most recent of 5 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 5-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 |
|---|---|---|
TIAA5+ years Service code 15 · EIN 13-1624203 | Recordkeeping | $78,213 |
Service code 19 · EIN 51-0396365 | Securities Custodian | $70,287 |
FIDUCIENT ADVISORS LLC1 year Filed as: FIDUCIENT ADVISORS, LLC Service code 27 · EIN 36-4001764 | Advisory (Plan) | $31,250 |
Filed as: VARIABLE ANNUITY LIFE INSURANCE CO Service code 19 · EIN 74-1625348 | Securities Custodian | $11,734 |
Filed as: CBIZ MHM, LLC Service code 10 · EIN 26-3753134 | Accounting | $8,768 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $196,938 | $113,293+73.8% | $67,502+191.7% | $199,593-1.3% |
| Participation rate | 41.6% | 73.3%-31.7pp | 72.9%-31.3pp | 72.0%-30.3pp |
| Annual return | 12.69% | 15.88%-3.2pp | 3512.12%-3499.4pp | 34.25%-21.6pp |
| Employer contribution / active EE | $2,359 | $3,401-30.6% | $2,731-13.6% | $3,034-22.3% |
| Participant deferral / active EE | $2,579 | $4,159-38.0% | $4,000-35.5% | $5,087-49.3% |
| Admin fee / account holder | $109 | $103+6.1% | $3,998-97.3% | $269-59.5% |