Filed November 13, 2023
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 |
|---|---|---|
THE DAVID J. YVARS GROUP4 years Service code 26 400 COLUMBUS AVE. · VALHALLA, NY 10595 | Advisory (Participants) | $11,647 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $19,377 | $61,272-68.4% | $149,673-87.1% | $71,457-72.9% |
| Participation rate | 45.1% | 62.5%-17.4pp | 78.8%-33.7pp | 67.9%-22.8pp |
| Annual return | 13.38% | 35.85%-22.5pp | 134.42%-121.0pp | 28.85%-15.5pp |
| Employer contribution / active EE | $1,192 | $2,378-49.9% | $4,818-75.3% | $2,588-53.9% |
| Participant deferral / active EE | $785 | $2,917-73.1% | $5,680-86.2% | $4,289-81.7% |
| Admin fee / account holder | $95 | $1,261-92.5% | $13,210-99.3% | $1,587-94.0% |