Filed May 19, 2024
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 |
|---|---|---|
GYL FINANCIAL SYNERGIES3 years Service code 26 55 POST ROAD WEST, SUITE 300 · WESTPORT, CT 06880 | Advisory (Participants) | $31,959 |
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 | $43,174 | $63,442-31.9% | $68,791-37.2% | $66,914-35.5% |
| Participation rate | 93.8% | 60.0%+33.8pp | 69.0%+24.7pp | 69.8%+23.9pp |
| Annual return | -13.79% | -8.29%-5.5pp | -6.38%-7.4pp | 1.58%-15.4pp |
| Employer contribution / active EE | $2,860 | $1,775+61.1% | $2,655+7.7% | $2,544+12.4% |
| Participant deferral / active EE | $5,779 | $2,945+96.3% | $3,941+46.6% | $4,237+36.4% |
| Admin fee / account holder | $173 | $577-70.0% | $4,932-96.5% | $593-70.8% |