Filed November 6, 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 |
|---|---|---|
PENSION ASSURANCE LLP2+ years Filed as: PENSION BENEFITS UNLIMITED, INC. Service code 37 · EIN 33-0499726 | Loan Processing | $13,275 |
Filed as: GREAT WEST LIFE & ANNUITY COMPANY Service code 64 · EIN 84-0467907 | Recordkeeping Fees | $0 |
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.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $30,756 | $80,211-61.7% | $74,183-58.5% | $63,975-51.9% |
| Participation rate | 59.0% | 84.2%-25.2pp | 76.6%-17.6pp | 71.1%-12.1pp |
| Annual return | 10.37% | 14.13%-3.8pp | 17.74%-7.4pp | 48.65%-38.3pp |
| Employer contribution / active EE | $436 | $2,553-82.9% | $2,370-81.6% | $2,182-80.0% |
| Participant deferral / active EE | $2,844 | $4,370-34.9% | $3,550-19.9% | $3,356-15.3% |
| Admin fee / account holder | $7 | $67-89.1% | $5,586-99.9% | $70-89.6% |