Filed October 5, 2016
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 55 · EIN 59-2937883 | Other Commissions | $13,746 |
Service code 37 · EIN 04-2647786 | Loan Processing | $2,763 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $83,749 | $136,307-38.6% | $177,821-52.9% | $73,488+14.0% |
| Participation rate | 66.7% | 86.1%-19.4pp | 87.7%-21.1pp | 70.7%-4.0pp |
| Annual return | 15.08% | 18.68%-3.6pp | 48.32%-33.2pp | 28.51%-13.4pp |
| Employer contribution / active EE | $2,123 | $3,712-42.8% | $5,918-64.1% | $2,270-6.5% |
| Participant deferral / active EE | $2,721 | $5,829-53.3% | $7,714-64.7% | $3,740-27.2% |
| Admin fee / account holder | $32 | $596-94.6% | $12,427-99.7% | $513-93.7% |