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.6+ years Filed as: MAYER HOFFMAN MCCANN Service code 10 · EIN 43-1947695 | Accounting | $26,000 |
Service code 24 · EIN 04-2647786 | Discretionary Trustee | $9,203 |
NORTHERN TRUST COMPANY6+ years Filed as: THE NORTHERN TRUST CO. Service code 21 · EIN 36-1561860 | Bank Trustee | $2,670 |
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 | $84,528 | $122,602-31.1% | $177,821-52.5% | $93,223-9.3% |
| Participation rate | 85.6% | 91.3%-5.7pp | 87.7%-2.1pp | 74.9%+10.7pp |
| Annual return | 13.45% | 22.53%-9.1pp | 48.32%-34.9pp | 19.29%-5.8pp |
| Employer contribution / active EE | $2,730 | $4,338-37.1% | $5,918-53.9% | $2,680+1.9% |
| Participant deferral / active EE | $5,687 | $7,134-20.3% | $7,714-26.3% | $4,563+24.6% |
| Admin fee / account holder | $3 | $62-95.2% | $12,427-100.0% | $79-96.3% |