Filed June 13, 2022
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 |
|---|---|---|
LPL FINANCIAL1+ years Filed as: LPL FINANCIAL CORPORATION Service code 27 9785 TOWNE CENTER DRIVE · SAN DIEGO, CA 92121 | Advisory (Plan) | $10,979 |
BENEFIT CONSULTANTS GROUP1+ years Service code 64 51 HADDONFIELD ROAD · CHERRY HILL, NJ 08002 | Recordkeeping Fees | $10,702 |
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 | $37,597 | $38,595-2.6% | $80,004-53.0% | $52,331-28.2% |
| Participation rate | 80.1% | 64.5%+15.6pp | 73.0%+7.1pp | 68.1%+12.0pp |
| Annual return | 0.83% | 2.04%-1.2pp | 7.63%-6.8pp | 4.54%-3.7pp |
| Employer contribution / active EE | $991 | $1,133-12.5% | $2,473-59.9% | $1,882-47.3% |
| Participant deferral / active EE | $2,906 | $2,318+25.3% | $3,204-9.3% | $3,022-3.8% |
| Admin fee / account holder | $260 | $304-14.7% | $5,033-94.8% | $592-56.1% |