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 LLC7 years Service code 49 · EIN 23-0731260 | Other Services | $68,556 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $13,551 |
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.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $29,147 | $79,124-63.2% | $60,874-52.1% | $64,808-55.0% |
| Participation rate | 31.9% | 77.7%-45.8pp | 73.1%-41.2pp | 71.5%-39.5pp |
| Annual return | -15.46% | -7.13%-8.3pp | 16.90%-32.4pp | 32.82%-48.3pp |
| Employer contribution / active EE | $879 | $3,050-71.2% | $2,701-67.4% | $2,506-64.9% |
| Participant deferral / active EE | $2,287 | $3,725-38.6% | $3,817-40.1% | $4,310-46.9% |
| Admin fee / account holder | $29 | $106-72.2% | $3,224-99.1% | $188-84.3% |