Filed January 3, 2024
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 LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $64,232 |
Filed as: RESOURCES INVESTMENT ADVISORS. Service code 27 11101 SWITZER RD · OVERLAND PARK, KS 66210 | Advisory (Plan) | $7,570 |
Filed as: ONE DIGITAL INVESTMENT ADVISORS Service code 27 11101 SWITZER RD · OVERLAND PARK, KS 66210 | Advisory (Plan) | $6,784 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $28,917 | $50,574-42.8% | $169,368-82.9% | $80,160-63.9% |
| Participation rate | 28.5% | 67.8%-39.3pp | 77.1%-48.7pp | 72.9%-44.5pp |
| Annual return | 19.04% | 22.92%-3.9pp | 405.60%-386.6pp | 40.38%-21.3pp |
| Employer contribution / active EE | $913 | $1,693-46.1% | $4,013-77.2% | $2,978-69.3% |
| Participant deferral / active EE | $1,264 | $4,164-69.6% | $6,221-79.7% | $5,017-74.8% |
| Admin fee / account holder | $69 | $107-35.5% | $9,003-99.2% | $145-52.5% |