Filed February 25, 2016 (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 |
|---|---|---|
SECURITIES AMERICA INC7+ years Filed as: BB&T SECURITIES LLC Service code 27 901 E BYRD ST · RICHMOND, NC 23219 | Advisory (Plan) | $10,604 |
QRPS, INC.7+ years Filed as: QRPS, INC Service code 13 2724 DISCOVERY DR SUITE 100 · RALEIGH, NC 27616 | Contract Administrator | $6,989 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $2,474 |
SUNTRUST BANKS, INC.1 year Filed as: TRUIST INVESTMENT SERVICES INC Service code 27 303 PEACHTREE ST FL 5 SUNTRUST PLZ · ATLANTA, GA 30308 | Advisory (Plan) | $2,242 |
Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VALLAGE, CO 80111 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $21,087 | $56,485-62.7% | $185,823-88.7% | $86,799-75.7% |
| Participation rate | 31.8% | 65.5%-33.7pp | 81.7%-49.9pp | 72.3%-40.5pp |
| Annual return | 13.81% | 118.04%-104.2pp | 122.05%-108.2pp | 97.91%-84.1pp |
| Employer contribution / active EE | $0 | $1,843-100.0% | $5,167-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $1,550 | $2,553-39.3% | $5,568-72.2% | $4,131-62.5% |
| Admin fee / account holder | $35 | $150-76.8% | $16,237-99.8% | $170-79.6% |