Filed July 8, 2021
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 12 · EIN 13-3689044 | Recordkeeping fees; Direct payment fr... | $87,413 |
LPL FINANCIAL1 year Service code 16 4707 EXECUTIVE DRIVE · SAN DIEGO, CA 92121 | Consulting | $39,524 |
Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $413 |
NATIONAL FINANCIAL SERVICES7+ years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $19,971 | $56,485-64.6% | $185,823-89.3% | $86,799-77.0% |
| Participation rate | 65.3% | 65.5%-0.2pp | 81.7%-16.4pp | 72.3%-7.0pp |
| Annual return | 12.09% | 118.04%-105.9pp | 122.05%-110.0pp | 97.91%-85.8pp |
| Employer contribution / active EE | $424 | $1,843-77.0% | $5,167-91.8% | $2,405-82.4% |
| Participant deferral / active EE | $1,382 | $2,553-45.9% | $5,568-75.2% | $4,131-66.6% |
| Admin fee / account holder | $171 | $150+14.3% | $16,237-98.9% | $170+0.8% |