Filed September 30, 2022
Total covered: 10 employees
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 |
|---|---|---|
AURORA PRIVATE WEALTH INC2 years Service code 27 · EIN 47-4814591 | Advisory (Plan) | $62,114 |
Service code 37 · EIN 04-2647786 | Loan Processing | $49,738 |
Filed as: ALERA INVESTMENT ADVISORS LLC Service code 27 · EIN 82-1301701 | Advisory (Plan) | $13,338 |
Employer contribution per participant 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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $39,165 | $106,028-63.1% | $146,958-73.3% | $77,643-49.6% |
| Participation rate | 86.0% | 78.4%+7.6pp | 82.2%+3.8pp | 70.6%+15.4pp |
| Annual return | 19.15% | 56.73%-37.6pp | 418.34%-399.2pp | 31.24%-12.1pp |
| Employer contribution / active EE | $740 | $4,063-81.8% | $4,933-85.0% | $2,726-72.8% |
| Participant deferral / active EE | $7,308 | $7,990-8.5% | $8,070-9.4% | $4,647+57.3% |
| Admin fee / account holder | $145 | $337-57.0% | $12,998-98.9% | $430-66.3% |