Filed October 4, 2019
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 | $84,523 |
EVERHART ADVISORS1+ years Service code 27 5890 VENTURE DR, SUITE D · DUBLIN, OH 43017 | Advisory (Plan) | $62,695 |
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.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $34,762 | $31,810+9.3% | $64,105-45.8% | $59,188-41.3% |
| Participation rate | 26.3% | 57.7%-31.4pp | 68.2%-41.8pp | 69.4%-43.1pp |
| Annual return | -2.34% | 9.41%-11.7pp | 791.24%-793.6pp | 5.51%-7.8pp |
| Employer contribution / active EE | $132 | $659-79.9% | $1,820-92.7% | $2,098-93.7% |
| Participant deferral / active EE | $936 | $1,582-40.9% | $2,822-66.8% | $3,265-71.3% |
| Admin fee / account holder | $155 | $57+173.0% | $4,499-96.5% | $92+68.4% |