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 | $60,232 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $45,536 |
COMPENSATION SYSTEMS, INC.3 years Filed as: COMPENSATION SYSTEMS INC Service code 13 · EIN 35-1277460 | Contract Administrator | $20,640 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $83,738 | $132,049-36.6% | $200,582-58.3% | $74,304+12.7% |
| Participation rate | 97.2% | 84.1%+13.2pp | 86.9%+10.3pp | 60.3%+36.9pp |
| Annual return | 12.60% | 22.22%-9.6pp | 42.33%-29.7pp | 29.43%-16.8pp |
| Employer contribution / active EE | $5,945 | $4,558+30.4% | $6,419-7.4% | $2,241+165.2% |
| Participant deferral / active EE | $4,416 | $7,213-38.8% | $9,331-52.7% | $3,767+17.2% |
| Admin fee / account holder | $275 | $2,405-88.6% | $16,305-98.3% | $2,969-90.8% |