Filed October 16, 2024 (most recent of 3 filings on file)
Total covered: 78 employees
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 |
|---|---|---|
PNC BANK, N.A.3+ years Service code 25 · EIN 22-1146430 | Directed Trustee | $16,963 |
PNC BANK, N.A.3+ years Filed as: PNC BANK, NATIONAL ASSOCIATION Service code 59 | Shareholder Servicing | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $21,996 | $41,256-46.7% | $86,590-74.6% | $77,958-71.8% |
| Participation rate | 9.9% | 63.0%-53.1pp | 73.5%-63.6pp | 71.6%-61.7pp |
| Annual return | 15.42% | 17.67%-2.2pp | 964.84%-949.4pp | 20.87%-5.4pp |
| Employer contribution / active EE | $40 | $1,613-97.5% | $2,839-98.6% | $2,310-98.3% |
| Participant deferral / active EE | $664 | $2,332-71.5% | $3,609-81.6% | $3,537-81.2% |
| Admin fee / account holder | $44 | $71-37.6% | $4,906-99.1% | $97-54.6% |