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: INDEPENDENT FINANCIAL GROUP, LLC Service code 26 28601 CHAGRIN BLVD., SUITE 550 · CLEVELAND, OH 441224561 | Advisory (Participants) | $11,934 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $12,689 | $72,658-82.5% | $127,761-90.1% | $67,579-81.2% |
| Participation rate | 64.4% | 80.0%-15.5pp | 79.0%-14.6pp | 71.3%-6.8pp |
| Annual return | 32.24% | 26.49%+5.7pp | 26.14%+6.1pp | 378.56%-346.3pp |
| Employer contribution / active EE | $431 | $3,988-89.2% | $4,574-90.6% | $2,148-79.9% |
| Participant deferral / active EE | $3,014 | $5,383-44.0% | $6,021-49.9% | $3,539-14.8% |
| Admin fee / account holder | $61 | $127-51.6% | $9,395-99.3% | $142-56.8% |