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) | $164,146 |
Service code 37 · EIN 04-2647786 | Loan Processing | $23,209 |
JEFFREY L. OFFHAUS CPA, LLC5 years Service code 10 · EIN 20-2368569 | Accounting | $12,800 |
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 | $81,690 | $44,626+83.1% | $86,188-5.2% | $80,160+1.9% |
| Participation rate | 53.8% | 63.5%-9.7pp | 69.0%-15.1pp | 72.9%-19.1pp |
| Annual return | 17.34% | 19.61%-2.3pp | 1168.45%-1151.1pp | 40.38%-23.0pp |
| Employer contribution / active EE | $626 | $1,099-43.0% | $2,380-73.7% | $2,978-79.0% |
| Participant deferral / active EE | $4,554 | $2,769+64.5% | $3,985+14.3% | $5,017-9.2% |
| Admin fee / account holder | $106 | $133-20.7% | $6,852-98.5% | $145-27.1% |