Filed April 29, 2021
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 9-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 |
|---|---|---|
ESSEX FINANCIAL SERVICES2 years Filed as: ESSEX FINANCIAL SERVICES INC Service code 27 · EIN 36-4529342 | Advisory (Plan) | $20,210 |
Service code 37 · EIN 04-2647786 | Loan Processing | $5,826 |
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 | $106,789 | $144,996-26.4% | $111,297-4.1% | $93,030+14.8% |
| Participation rate | 93.9% | 86.2%+7.8pp | 77.3%+16.6pp | 73.9%+20.0pp |
| Annual return | 276.59% | 18.26%+258.3pp | 54.65%+221.9pp | 158.70%+117.9pp |
| Employer contribution / active EE | $3,532 | $3,056+15.6% | $2,731+29.3% | $2,706+30.5% |
| Participant deferral / active EE | $3,858 | $5,587-31.0% | $4,487-14.0% | $4,562-15.4% |
| Admin fee / account holder | $18 | $103-82.5% | $7,964-99.8% | $152-88.1% |