Filed March 2, 2022
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 13 · EIN 42-0127290 | Contract Administrator | $451,446 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC - RPCP Service code 27 · EIN 04-3046611 | Advisory (Plan) | $51,250 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $25,280 | $82,546-69.4% | $140,016-81.9% | $75,289-66.4% |
| Participation rate | 96.7% | 88.4%+8.3pp | 87.5%+9.2pp | 72.4%+24.3pp |
| Annual return | -3.16% | -0.36%-2.8pp | 651.12%-654.3pp | -0.04%-3.1pp |
| Employer contribution / active EE | $4,674 | $3,856+21.2% | $5,606-16.6% | $2,405+94.4% |
| Participant deferral / active EE | $5,479 | $5,731-4.4% | $6,927-20.9% | $3,739+46.6% |
| Admin fee / account holder | $118 | $86+37.9% | $10,705-98.9% | $102+15.6% |