Filed January 4, 2019 (most recent of 4 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 | $61,109 |
Service code 27 · EIN 20-5122562 | Advisory (Plan) | $35,605 |
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.
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 | $60,723 | $50,815+19.5% | $155,509-61.0% | $77,643-21.8% |
| Participation rate | 30.4% | 63.1%-32.7pp | 78.2%-47.7pp | 70.6%-40.1pp |
| Annual return | 15.36% | 34.80%-19.4pp | 64.67%-49.3pp | 31.24%-15.9pp |
| Employer contribution / active EE | $299 | $1,993-85.0% | $4,672-93.6% | $2,726-89.0% |
| Participant deferral / active EE | $1,867 | $2,822-33.8% | $5,626-66.8% | $4,647-59.8% |
| Admin fee / account holder | $227 | $437-48.0% | $15,912-98.6% | $430-47.3% |