Filed August 21, 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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL11+ years Service code 37 · EIN 04-2647786 | Loan Processing | $226,037 |
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 signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $58,655 | $151,876-61.4% | $113,168-48.2% | $117,739-50.2% |
| Participation rate | 62.4% | 92.5%-30.1pp | 76.6%-14.2pp | 76.6%-14.2pp |
| Annual return | 21.46% | 15.75%+5.7pp | 24.27%-2.8pp | 17.29%+4.2pp |
| Employer contribution / active EE | $1,097 | $4,598-76.1% | $2,975-63.1% | $3,746-70.7% |
| Participant deferral / active EE | $5,319 | $7,767-31.5% | $5,107+4.2% | $6,128-13.2% |
| Admin fee / account holder | $38 | $70-46.3% | $12,068-99.7% | $112-66.5% |