Filed December 16, 2019
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 |
|---|---|---|
ROYAL ALLIANCE ASSOCIATES INC2+ years Service code 27 · EIN 93-0987232 | Advisory (Plan) | $12,217 |
Service code 37 · EIN 04-2647786 | Loan Processing | $6,100 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $37,673 | $60,349-37.6% | $74,183-49.2% | $62,891-40.1% |
| Participation rate | 65.3% | 72.7%-7.4pp | 76.6%-11.3pp | 69.3%-4.0pp |
| Annual return | 5.50% | 21.37%-15.9pp | 17.74%-12.2pp | 20.14%-14.6pp |
| Employer contribution / active EE | $1,959 | $1,680+16.6% | $2,370-17.4% | $2,281-14.1% |
| Participant deferral / active EE | $4,947 | $2,856+73.2% | $3,550+39.4% | $3,203+54.5% |
| Admin fee / account holder | $199 | $4,261-95.3% | $5,586-96.4% | $4,296-95.4% |