Filed December 8, 2020
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 37 · EIN 04-2647786 | Loan Processing | -$3,216 |
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 | $110,986 | $129,095-14.0% | $184,200-39.7% | $77,671+42.9% |
| Participation rate | 89.5% | 87.3%+2.1pp | 86.8%+2.6pp | 70.6%+18.9pp |
| Annual return | 19.80% | 33.29%-13.5pp | 28.80%-9.0pp | 31.21%-11.4pp |
| Employer contribution / active EE | $6,299 | $4,410+42.8% | $6,424-1.9% | $2,726+131.0% |
| Participant deferral / active EE | $22,708 | $7,300+211.1% | $9,132+148.7% | $4,648+388.6% |
| Admin fee / account holder | -$9 | $256-103.7% | $13,907-100.1% | $430-102.2% |