Filed October 23, 2024 (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 |
|---|---|---|
Service code 12 · EIN 13-3689044 | Claims processing; Direct payment fro... | $154,876 |
LOCKTON INVESTMENT ADVISORS, LLC3+ years Filed as: LOCKTON FINANCIAL ADVISORS LLC Service code 27 P.O. BOX 219153 · KANSAS CITY, MO 64121 | Advisory (Plan) | $112,500 |
JACOBS AND ASSOCIATES, LLC3+ years Service code 10 · EIN 46-1151899 | Accounting | $83,000 |
NATIONAL FINANCIAL SERVICES3+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
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.
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).
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 | $31,952 | $80,976-60.5% | $185,117-82.7% | $80,976-60.5% |
| Participation rate | 21.4% | 68.3%-46.8pp | 77.3%-55.8pp | 68.3%-46.8pp |
| Annual return | 18.74% | 22.91%-4.2pp | 40.50%-21.8pp | 22.91%-4.2pp |
| Employer contribution / active EE | $226 | $2,402-90.6% | $4,182-94.6% | $2,402-90.6% |
| Participant deferral / active EE | $828 | $3,848-78.5% | $5,045-83.6% | $3,848-78.5% |
| Admin fee / account holder | $79 | $67+17.4% | $8,159-99.0% | $67+17.4% |