Filed March 6, 2024 (most recent of 2 filings on file)
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: ONE DIGITAL INVESTMENT ADVISORS Service code 27 11101 SWITZER RD · OVERLAND PARK, KS 66210 | Advisory (Plan) | $44,360 |
NEWPORT GROUP, INC.5 years Service code 50 · EIN 27-2037969 | Direct Payment | $34,756 |
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.
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 | $78,612 | $50,127+56.8% | $149,673-47.5% | $80,160-1.9% |
| Participation rate | 22.2% | 64.3%-42.1pp | 78.8%-56.5pp | 72.9%-50.7pp |
| Annual return | 16.12% | 29.82%-13.7pp | 134.42%-118.3pp | 40.38%-24.3pp |
| Employer contribution / active EE | $472 | $1,865-74.7% | $4,818-90.2% | $2,978-84.2% |
| Participant deferral / active EE | $615 | $3,194-80.7% | $5,680-89.2% | $5,017-87.7% |
| Admin fee / account holder | $168 | $153+10.0% | $13,210-98.7% | $145+15.9% |