Filed April 30, 2024 (most recent of 12 filings on file)
Total covered: 3 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 |
|---|---|---|
NOBLE-DAVIS CONSULTING, INC.3+ years Service code 13 · EIN 34-1723189 6190 COCHRAN ROAD, SUITE D · SOLON, OH 44139 | Contract Administrator | $2,821 |
Service code 10 · EIN 34-1523030 3421 RIDGEWOOD ROAD, SUITE 300 · AKRON, OH 44333 | Accounting | $0 |
CHARLES SCHWAB & CO., INC.3+ years Filed as: CHARLES SCHWAB BANK Service code 19 · EIN 42-1558009 12401 RESEARCH BLVD., BUILDING 2 · AUSTIN, TX 78759 | Securities Custodian | $0 |
RAYMOND JAMES FINANCIAL SERVICES3+ years Filed as: RAYMOND JAMES FINANCIAL SERV ADV Service code 26 · EIN 59-2937883 10883 PEARL ROAD, SUITE 302 · STRONGSVILLE, OH 44136 | Advisory (Participants) | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $97,820 | $33,067+195.8% | $76,523+27.8% | $56,287+73.8% |
| Participation rate | 93.0% | 55.4%+37.6pp | 68.0%+25.0pp | 69.9%+23.2pp |
| Annual return | 1.25% | 2.72%-1.5pp | -0.27%+1.5pp | -9.96%+11.2pp |
| Employer contribution / active EE | $2,333 | $1,200+94.4% | $2,647-11.9% | $2,111+10.5% |
| Participant deferral / active EE | $5,510 | $2,240+146.0% | $3,835+43.7% | $3,350+64.5% |
| Admin fee / account holder | $350 | $537-34.9% | $4,848-92.8% | $521-32.9% |