Filed August 20, 2020
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 | $36,057 |
CREATIVE PLANNING LLC2 years Service code 27 · EIN 84-4519624 | Advisory (Plan) | $15,645 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,088 | $62,624-75.9% | $177,989-91.5% | $77,643-80.6% |
| Participation rate | 61.4% | 66.8%-5.4pp | 77.1%-15.7pp | 70.6%-9.1pp |
| Annual return | 12.78% | 16.16%-3.4pp | 294.48%-281.7pp | 31.24%-18.5pp |
| Employer contribution / active EE | $935 | $1,909-51.0% | $3,949-76.3% | $2,726-65.7% |
| Participant deferral / active EE | $2,111 | $4,219-50.0% | $6,276-66.4% | $4,647-54.6% |
| Admin fee / account holder | $124 | $386-67.9% | $10,363-98.8% | $430-71.2% |