Filed September 12, 2024
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 | $384,493 |
CAPFINANCIAL PARTNERS LLC3 years Filed as: CAPFINANCIAL PARTNERS Service code 27 · EIN 26-0058143 | Advisory (Plan) | $14,250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $32,744 | $57,458-43.0% | $95,745-65.8% | $96,393-66.0% |
| Participation rate | 38.1% | 47.9%-9.9pp | 72.3%-34.2pp | 71.3%-33.2pp |
| Annual return | 26.57% | 17.80%+8.8pp | 28.35%-1.8pp | 22.88%+3.7pp |
| Employer contribution / active EE | $1,018 | $1,155-11.8% | $2,835-64.1% | $3,238-68.6% |
| Participant deferral / active EE | $1,757 | $2,443-28.1% | $4,245-58.6% | $5,455-67.8% |
| Admin fee / account holder | $47 | $61-21.6% | $5,678-99.2% | $74-35.8% |