Filed December 7, 2021 (most recent of 2 filings on file)
Total covered: 317 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $56,980 |
MERCER2 years Service code 16 · EIN 36-2668272 | Consulting | $40,750 |
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $31,715 |
PLANTE & MORAN, PLLC1 year Filed as: PLANTE & MORAN PLLC Service code 10 · EIN 33-1498605 | Accounting | $7,800 |
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.
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 | $122,080 | $57,610+111.9% | $154,803-21.1% | $102,872+18.7% |
| Participation rate | 61.1% | 59.5%+1.6pp | 78.1%-17.0pp | 73.0%-11.9pp |
| Annual return | 16.99% | 30.49%-13.5pp | 58.88%-41.9pp | 19.06%-2.1pp |
| Employer contribution / active EE | $0 | $1,883-100.0% | $4,305-100.0% | $3,526-100.0% |
| Participant deferral / active EE | $4,744 | $2,914+62.8% | $5,540-14.4% | $5,535-14.3% |
| Admin fee / account holder | $123 | $368-66.5% | $14,329-99.1% | $292-57.8% |