Filed February 7, 2022
Total covered: 24 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.
Counterparties on defaulted loans (Part 1), defaulted leases (Part 2), and non-exempt prohibited transactions (Part 3). Presence of any row warrants fiduciary review.
See 1 reportable transaction. $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.
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 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 | $19,936 | $37,196-46.4% | $154,107-87.1% | $55,725-64.2% |
| Participation rate | 21.5% | 64.1%-42.6pp | 83.0%-61.5pp | 70.9%-49.4pp |
| Annual return | -4.04% | 1319.68%-1323.7pp | 735.12%-739.2pp | 244.93%-249.0pp |
| Employer contribution / active EE | $86 | $1,614-94.6% | $5,298-98.4% | $2,078-95.8% |
| Participant deferral / active EE | $559 | $2,068-73.0% | $5,081-89.0% | $3,356-83.3% |
| Admin fee / account holder | $206 | $102+103.0% | $13,411-98.5% | $115+79.1% |