Filed June 20, 2020
Total covered: 5 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 |
|---|---|---|
LPL FINANCIAL4+ years Filed as: NEXT FINANCIAL GROUP INC Service code 55 · EIN 54-1900002 | Other Commissions | $79,059 |
Filed as: MASSMUTUAL RETIREMENT SERVICES, LLC Service code 15 · EIN 26-1589907 | Recordkeeping | $33,832 |
CHERRY BEKAERT LLP4+ years Filed as: CHERRY BEKAERT, LLP Service code 50 · EIN 56-0574444 | Direct Payment | $21,465 |
RELIANCE TRUST COMPANY5+ years Service code 19 · EIN 58-1428634 | Securities Custodian | $240 |
Service code 49 · EIN 36-3429599 | Other Services | $27 |
Filed as: ENVESTNET RETIREMENT Service code 27 | Advisory (Plan) | $0 |
Filed as: ENVESTNET RETIREMENT SOLUTIONS Service code 28 · EIN 61-1732930 | Investment Management | $0 |
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 | $52,206 | $66,601-21.6% | $92,893-43.8% | $67,579-22.7% |
| Participation rate | 92.5% | 72.5%+20.0pp | 76.0%+16.5pp | 71.3%+21.2pp |
| Annual return | 19.73% | 92.58%-72.8pp | 109.41%-89.7pp | 378.56%-358.8pp |
| Employer contribution / active EE | $2,627 | $2,775-5.3% | $3,653-28.1% | $2,148+22.3% |
| Participant deferral / active EE | $5,254 | $3,157+66.5% | $4,236+24.0% | $3,539+48.5% |
| Admin fee / account holder | $88 | $199-55.7% | $5,794-98.5% | $142-38.1% |