Filed February 4, 2025
Total covered: 11 employees
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 |
|---|---|---|
NATIONWIDE3+ years Service code 15 ONE NATIONWIDE PLAZA · COLUMBUS, OH 43215 | Recordkeeping | $23,423 |
Service code 13 · EIN 52-0783935 | Contract Administrator | $5,169 |
CETERA ADVISOR NETWORKS LLC3+ years Filed as: CETERA INVESTMENT SERVICES LLC Service code 22 400 1ST STREET SOUTH STE 300 · ST CLOUD, MN 56301 | Insurance Broker | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $21,480 | $47,977-55.2% | $154,107-86.1% | $56,287-61.8% |
| Participation rate | 51.3% | 66.2%-14.8pp | 83.0%-31.7pp | 69.9%-18.5pp |
| Annual return | 8.29% | 3.54%+4.7pp | 735.12%-726.8pp | -9.96%+18.2pp |
| Employer contribution / active EE | $1,345 | $2,169-38.0% | $5,298-74.6% | $2,111-36.3% |
| Participant deferral / active EE | $2,053 | $2,392-14.2% | $5,081-59.6% | $3,350-38.7% |
| Admin fee / account holder | $265 | $438-39.6% | $13,411-98.0% | $521-49.2% |