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 Service code 27 · EIN 36-4529342 PO BOX 999 · ESSEX, CT 064260999 | Advisory (Plan) | $45,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $15,873 |
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 | $92,842 | $104,697-11.3% | $96,544-3.8% | $80,160+15.8% |
| Participation rate | 97.2% | 86.4%+10.8pp | 76.0%+21.2pp | 72.9%+24.3pp |
| Annual return | 17.57% | 21.78%-4.2pp | 25.84%-8.3pp | 40.38%-22.8pp |
| Employer contribution / active EE | $2,405 | $3,536-32.0% | $2,965-18.9% | $2,978-19.2% |
| Participant deferral / active EE | $4,694 | $6,188-24.2% | $4,851-3.2% | $5,017-6.5% |
| Admin fee / account holder | $9 | $107-91.3% | $8,252-99.9% | $145-93.6% |