Filed March 14, 2023
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: PENSIONMARK FINANCIAL GROUP Service code 99 · EIN 61-1758632 | Other Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $51,542 | $65,376-21.2% | $87,100-40.8% | $65,185-20.9% |
| Participation rate | 58.2% | 75.3%-17.2pp | 76.9%-18.7pp | 70.2%-12.0pp |
| Annual return | 22.90% | 31.27%-8.4pp | 28.19%-5.3pp | 29.38%-6.5pp |
| Employer contribution / active EE | $1,599 | $1,822-12.2% | $2,521-36.6% | $2,177-26.5% |
| Participant deferral / active EE | $3,355 | $3,388-1.0% | $4,049-17.1% | $3,514-4.5% |
| Admin fee / account holder | $0 | $520-100.0% | $7,497-100.0% | $847-100.0% |