Filed November 29, 2016
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 |
|---|---|---|
Service code 15 · EIN 13-3689044 | Recordkeeping | $57,729 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118 | Advisory (Plan) | $30,000 |
Service code 10 · EIN 25-1769537 | Accounting | $17,100 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $38,263 | $82,202-53.5% | $125,339-69.5% | $64,808-41.0% |
| Participation rate | 93.7% | 77.9%+15.8pp | 82.4%+11.3pp | 71.5%+22.2pp |
| Annual return | -12.89% | 3.48%-16.4pp | 572.05%-584.9pp | 32.82%-45.7pp |
| Employer contribution / active EE | $1,086 | $3,615-70.0% | $4,814-77.4% | $2,506-56.7% |
| Participant deferral / active EE | $3,258 | $7,175-54.6% | $7,446-56.3% | $4,310-24.4% |
| Admin fee / account holder | $160 | $163-2.0% | $10,010-98.4% | $188-14.8% |