Filed December 22, 2019
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 10-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 |
|---|---|---|
Service code 64 · EIN 80-0467907 | Recordkeeping Fees | $10,653 |
PASI, LLC4+ years Service code 13 · EIN 26-1407927 | Contract Administrator | $7,768 |
RBC WEALTH MANAGEMENT2 years Filed as: RBC CAPITAL MARKETS LLC Service code 55 60 S 6TH ST COMMISSIONS ACCTG · MINNEAPOLIS, MN 55402 | Other Commissions | $4,177 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $9,397 | $69,159-86.4% | $125,175-92.5% | $67,579-86.1% |
| Participation rate | 77.9% | 78.2%-0.3pp | 79.8%-1.9pp | 71.3%+6.6pp |
| Annual return | 5.99% | 27.12%-21.1pp | 43.79%-37.8pp | 378.56%-372.6pp |
| Employer contribution / active EE | $1,211 | $2,023-40.2% | $3,865-68.7% | $2,148-43.6% |
| Participant deferral / active EE | $423 | $3,700-88.6% | $4,937-91.4% | $3,539-88.0% |
| Admin fee / account holder | $59 | $142-58.3% | $9,702-99.4% | $142-58.5% |