Filed February 5, 2018
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 |
|---|---|---|
NATIONWIDE1 year Service code 15 · EIN 31-1592130 | Recordkeeping | $18,984 |
Filed as: FIFTH THIRD SECURITIES, INC. Service code 27 · EIN 04-3523567 | Advisory (Plan) | $0 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $8,787 | $46,732-81.2% | $156,549-94.4% | $55,167-84.1% |
| Participation rate | 73.7% | 65.8%+7.9pp | 84.0%-10.3pp | 69.0%+4.7pp |
| Annual return | 24.26% | 17.72%+6.5pp | 32.23%-8.0pp | 169.23%-145.0pp |
| Employer contribution / active EE | $1,060 | $2,105-49.6% | $5,501-80.7% | $1,963-46.0% |
| Participant deferral / active EE | $2,481 | $2,204+12.6% | $4,871-49.1% | $3,054-18.8% |
| Admin fee / account holder | $98 | $418-76.6% | $13,027-99.2% | $504-80.5% |