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.5+ years Filed as: MAYER HOFFMAN MCCANN Service code 10 · EIN 43-1947695 | Accounting | $26,525 |
Service code 24 · EIN 04-2647786 | Discretionary Trustee | $8,840 |
NORTHERN TRUST COMPANY5+ years Filed as: THE NORTHERN TRUST CO. Service code 21 · EIN 36-1561860 | Bank Trustee | $2,601 |
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 | $77,077 | $110,760-30.4% | $162,163-52.5% | $82,204-6.2% |
| Participation rate | 86.0% | 92.7%-6.7pp | 87.6%-1.6pp | 73.4%+12.6pp |
| Annual return | 20.16% | 22.97%-2.8pp | 115.59%-95.4pp | 26.31%-6.2pp |
| Employer contribution / active EE | $1,605 | $4,437-63.8% | $5,614-71.4% | $2,707-40.7% |
| Participant deferral / active EE | $5,396 | $6,652-18.9% | $7,298-26.1% | $4,246+27.1% |
| Admin fee / account holder | $3 | $65-95.3% | $10,843-100.0% | $76-95.9% |