Filed June 26, 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $86,021 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $14,715 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $42,500 | $102,389-58.5% | $100,516-57.7% | $90,288-52.9% |
| Participation rate | 88.8% | 84.0%+4.7pp | 79.4%+9.4pp | 73.4%+15.4pp |
| Annual return | 44.15% | 22.50%+21.6pp | 30.89%+13.3pp | 53.97%-9.8pp |
| Employer contribution / active EE | $2,150 | $3,056-29.7% | $3,418-37.1% | $2,524-14.8% |
| Participant deferral / active EE | $10,092 | $7,514+34.3% | $6,270+61.0% | $4,232+138.5% |
| Admin fee / account holder | $61 | $83-27.3% | $8,081-99.3% | $114-46.9% |