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 | $156,548 |
LPL FINANCIAL2 years Filed as: LPL FINANCIAL LLC Service code 27 · EIN 04-3046611 | Advisory (Plan) | $46,000 |
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.
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 | $42,229 | $41,410+2.0% | $84,015-49.7% | $82,204-48.6% |
| Participation rate | 25.5% | 57.6%-32.1pp | 69.0%-43.5pp | 73.4%-47.9pp |
| Annual return | 21.05% | 21.09%0pp | 71.31%-50.3pp | 26.31%-5.3pp |
| Employer contribution / active EE | $213 | $833-74.4% | $1,983-89.3% | $2,707-92.1% |
| Participant deferral / active EE | $1,149 | $1,628-29.4% | $3,239-64.5% | $4,246-72.9% |
| Admin fee / account holder | $113 | $89+27.3% | $6,101-98.1% | $76+49.5% |