Filed February 3, 2020
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 |
|---|---|---|
TIAA4 years Service code 15 · EIN 13-1624203 | Recordkeeping | $121,512 |
MULTNOMAH GROUP3 years Filed as: MULTNOMAH GROUP, INC Service code 28 · EIN 20-0361079 | Investment Management | $25,876 |
CROWE LLP2 years Service code 10 · EIN 35-0921680 | Accounting | $16,150 |
SAUL EWING1 year Filed as: SAUL EWING ARNSTEIN & LEHR Service code 29 · EIN 23-1416352 | Legal | $5,462 |
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 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 | $126,017 | $94,833+32.9% | $75,696+66.5% | $86,799+45.2% |
| Participation rate | 57.2% | 79.1%-21.9pp | 74.8%-17.7pp | 72.3%-15.1pp |
| Annual return | 17.07% | 16.91%+0.2pp | 104.53%-87.5pp | 97.91%-80.8pp |
| Employer contribution / active EE | $94 | $2,904-96.8% | $2,743-96.6% | $2,405-96.1% |
| Participant deferral / active EE | $3,274 | $3,632-9.8% | $3,821-14.3% | $4,131-20.7% |
| Admin fee / account holder | $166 | $109+52.4% | $3,619-95.4% | $170-2.4% |