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 SERVICES1 year Service code 27 · EIN 36-4529342 PO BOX 999 · ESSEX, CT 06426 | Advisory (Plan) | $45,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $13,129 |
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $81,566 | $130,141-37.3% | $86,677-5.9% | $77,904+4.7% |
| Participation rate | 98.4% | 85.9%+12.4pp | 76.6%+21.8pp | 73.7%+24.7pp |
| Annual return | -15.53% | -12.75%-2.8pp | 35.91%-51.4pp | 12.21%-27.7pp |
| Employer contribution / active EE | $2,148 | $3,220-33.3% | $2,836-24.3% | $2,848-24.6% |
| Participant deferral / active EE | $4,247 | $5,757-26.2% | $4,656-8.8% | $4,806-11.6% |
| Admin fee / account holder | $8 | $132-93.8% | $7,493-99.9% | $133-93.9% |