Filed July 13, 2023
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 |
|---|---|---|
Filed as: SANDHILL INVESTMENT MANAGEMENT Service code 27 · EIN 20-0444918 | Advisory (Plan) | $157,991 |
Service code 37 · EIN 04-2647786 | Loan Processing | $30,747 |
JEFFREY L. OFFHAUS CPA, LLC4 years Service code 10 · EIN 20-2368569 | Accounting | $8,622 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $73,925 | $39,973+84.9% | $79,550-7.1% | $77,904-5.1% |
| Participation rate | 55.8% | 64.6%-8.8pp | 69.5%-13.6pp | 73.7%-17.8pp |
| Annual return | -12.99% | 3.42%-16.4pp | 0.16%-13.2pp | 12.21%-25.2pp |
| Employer contribution / active EE | $642 | $1,088-41.0% | $2,413-73.4% | $2,848-77.5% |
| Participant deferral / active EE | $4,831 | $2,774+74.2% | $3,985+21.2% | $4,806+0.5% |
| Admin fee / account holder | $117 | $113+3.7% | $6,832-98.3% | $133-11.6% |