Filed October 15, 2024 (most recent of 2 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 |
|---|---|---|
MAYER HOFFMAN MCCANN P.C.2+ years Filed as: MAYER HOFFMAN MCCANN Service code 10 · EIN 43-1947695 | Accounting | $26,250 |
Service code 24 · EIN 04-2647786 | Discretionary Trustee | $7,865 |
NORTHERN TRUST COMPANY2+ years Filed as: THE NORTHERN TRUST CO. Service code 21 · EIN 36-1561860 | Bank Trustee | $1,453 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $62,511 | $82,683-24.4% | $133,980-53.3% | $65,292-4.3% |
| Participation rate | 83.5% | 87.3%-3.8pp | 87.1%-3.6pp | 72.4%+11.1pp |
| Annual return | 6.48% | 9.63%-3.1pp | 29.30%-22.8pp | 11.84%-5.4pp |
| Employer contribution / active EE | $777 | $3,583-78.3% | $5,211-85.1% | $2,302-66.2% |
| Participant deferral / active EE | $4,615 | $5,190-11.1% | $6,282-26.5% | $3,579+28.9% |
| Admin fee / account holder | $3 | $66-94.8% | $9,324-100.0% | $57-94.0% |