Filed September 26, 2016
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
Filed as: THE RETIREMENT ADVANTAGE Service code 64 · EIN 39-1816008 | Recordkeeping Fees | $80,490 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
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 | $21,012 | $105,247-80.0% | $87,100-75.9% | $77,787-73.0% |
| Participation rate | 83.7% | 85.8%-2.1pp | 76.9%+6.8pp | 73.2%+10.5pp |
| Annual return | 24.27% | 24.52%-0.2pp | 28.19%-3.9pp | 32.57%-8.3pp |
| Employer contribution / active EE | $421 | $2,895-85.5% | $2,521-83.3% | $2,504-83.2% |
| Participant deferral / active EE | $2,933 | $5,060-42.0% | $4,049-27.5% | $3,967-26.1% |
| Admin fee / account holder | $40 | $104-61.2% | $7,497-99.5% | $100-59.5% |