Filed April 3, 2019
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 |
|---|---|---|
QUALIFIED PLANS, LLC6 years Filed as: QUALIFIED PLAN CONSULTANTS, LLC Service code 15 · EIN 20-0223513 4949 WESTOWN PKWY · WEST DES MOINES, IA 50266 | Recordkeeping | $11,873 |
Filed as: VOYA RETIREMENT INS AND ANNUITY CO Service code 64 | Recordkeeping Fees | $575 |
Filed as: VOYA RETIREMENT INSURANCE AND ANNUI Service code 64 · EIN 71-0294708 | Recordkeeping Fees | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $25,834 | $44,897-42.5% | $84,966-69.6% | $199,593-87.1% |
| Participation rate | 30.4% | 45.7%-15.3pp | 67.5%-37.1pp | 72.0%-41.6pp |
| Annual return | 14.09% | 20.96%-6.9pp | 66.38%-52.3pp | 34.25%-20.2pp |
| Employer contribution / active EE | $328 | $1,365-76.0% | $2,727-88.0% | $3,034-89.2% |
| Participant deferral / active EE | $1,168 | $2,668-56.2% | $4,519-74.2% | $5,087-77.0% |
| Admin fee / account holder | $209 | $584-64.2% | $6,149-96.6% | $269-22.2% |