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.3+ years Filed as: MAYER HOFFMAN MCCANN Service code 10 · EIN 43-1947695 | Accounting | $26,300 |
Service code 24 · EIN 04-2647786 | Discretionary Trustee | $8,089 |
NORTHERN TRUST COMPANY3+ years Filed as: THE NORTHERN TRUST CO. Service code 21 · EIN 36-1561860 | Bank Trustee | $1,440 |
Employer contribution per participant 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 | $66,254 | $96,400-31.3% | $149,718-55.7% | $177,276-62.6% |
| Participation rate | 84.8% | 88.9%-4.1pp | 87.1%-2.2pp | 74.8%+10.0pp |
| Annual return | 16.29% | 19.02%-2.7pp | 1501.63%-1485.3pp | 21.25%-5.0pp |
| Employer contribution / active EE | $792 | $3,680-78.5% | $5,445-85.5% | $2,479-68.1% |
| Participant deferral / active EE | $4,804 | $5,510-12.8% | $6,569-26.9% | $3,881+23.8% |
| Admin fee / account holder | $3 | $69-95.4% | $11,283-100.0% | $154-97.9% |