Filed April 4, 2017
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 |
|---|---|---|
JANNEY MONTGOMERY SCOTT LLC4 years Service code 49 · EIN 23-0731260 | Other Services | $31,942 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $4,771 |
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 | $22,695 | $95,542-76.2% | $69,455-67.3% | $67,579-66.4% |
| Participation rate | 44.4% | 79.4%-35.0pp | 74.6%-30.2pp | 71.3%-26.9pp |
| Annual return | 28.10% | 17.67%+10.4pp | 28.97%-0.9pp | 378.56%-350.5pp |
| Employer contribution / active EE | $871 | $2,989-70.8% | $2,779-68.6% | $2,148-59.4% |
| Participant deferral / active EE | $1,898 | $3,263-41.8% | $3,535-46.3% | $3,539-46.4% |
| Admin fee / account holder | $12 | $90-87.0% | $3,839-99.7% | $142-91.8% |