Filed September 27, 2024 (most recent of 3 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $57,644 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $41,216 |
COMPENSATION SYSTEMS, INC.2 years Filed as: COMPENSATION SYSTEMS INC Service code 13 · EIN 35-1277460 | Contract Administrator | $21,378 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $79,650 | $122,239-34.8% | $184,203-56.8% | $74,495+6.9% |
| Participation rate | 82.0% | 85.5%-3.5pp | 86.8%-4.8pp | 67.2%+14.8pp |
| Annual return | 11.00% | 19.95%-8.9pp | 28.81%-17.8pp | 1364.94%-1353.9pp |
| Employer contribution / active EE | $5,652 | $4,537+24.6% | $6,427-12.1% | $2,623+115.5% |
| Participant deferral / active EE | $4,081 | $7,139-42.8% | $9,131-55.3% | $4,346-6.1% |
| Admin fee / account holder | $296 | $1,260-76.5% | $13,901-97.9% | $1,942-84.8% |