Filed November 18, 2024 (most recent of 3 filings on file)
Total covered: 10 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 |
|---|---|---|
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $9,755 |
Filed as: AMERIPRISE FINANCIAL SERVICES INC. Service code 53 · EIN 41-0973005 | Insurance Commissions | $3,529 |
TRINITY PENSION CONSULTANTS4 years Filed as: TRINITY PENSION CONSULTANTS INC. Service code 13 · EIN 20-4548831 | Contract Administrator | $1,741 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 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 | $11,498 | $85,202-86.5% | $172,739-93.3% | $72,985-84.2% |
| Participation rate | 77.3% | 70.1%+7.3pp | 82.6%-5.3pp | 69.5%+7.8pp |
| Annual return | 25.58% | 27.32%-1.7pp | 802.84%-777.3pp | 81.00%-55.4pp |
| Employer contribution / active EE | $604 | $3,324-81.8% | $5,143-88.2% | $2,440-75.2% |
| Participant deferral / active EE | $1,360 | $3,260-58.3% | $5,198-73.8% | $3,607-62.3% |
| Admin fee / account holder | $78 | $5,884-98.7% | $13,954-99.4% | $5,124-98.5% |