Filed March 4, 2025
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 |
|---|---|---|
TAX FAVORED BENEFITS, INC.2 years Filed as: TAX FAVORED BENEFITS, INC Service code 13 4801 W. 110TH ST. STE 200 · OVERLAND PARK, KS 66211 | Contract Administrator | $4,450 |
AMERITAS LIFE INSURANCE CORP2 years Service code 15 · EIN 47-0098400 | Recordkeeping | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $8,790 | $52,953-83.4% | $172,739-94.9% | $65,185-86.5% |
| Participation rate | 91.5% | 66.2%+25.4pp | 82.6%+8.9pp | 70.2%+21.3pp |
| Annual return | 19.18% | 30.12%-10.9pp | 802.84%-783.7pp | 29.38%-10.2pp |
| Employer contribution / active EE | $3,400 | $2,190+55.3% | $5,143-33.9% | $2,177+56.2% |
| Participant deferral / active EE | $1,366 | $2,471-44.7% | $5,198-73.7% | $3,514-61.1% |
| Admin fee / account holder | $25 | $472-94.7% | $13,954-99.8% | $847-97.1% |