Filed May 27, 2021 (most recent of 2 filings on file)
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 |
|---|---|---|
ASCENSUS LLC1 year Service code 15 · EIN 11-3665754 | Recordkeeping | $9,321 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $45,985 | $80,005-42.5% | $140,016-67.2% | $55,725-17.5% |
| Participation rate | 43.0% | 87.0%-44.0pp | 87.5%-44.5pp | 70.9%-27.8pp |
| Annual return | -5.86% | 0.46%-6.3pp | 651.12%-657.0pp | 244.93%-250.8pp |
| Employer contribution / active EE | $0 | $3,403-100.0% | $5,606-100.0% | $2,078-100.0% |
| Participant deferral / active EE | $2,152 | $5,264-59.1% | $6,927-68.9% | $3,356-35.9% |
| Admin fee / account holder | $24 | $116-79.4% | $10,705-99.8% | $115-79.3% |