Filed July 19, 2022
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $20,692 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$27,483 |
Form 5500 reported that benefits due were not provided when due.
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 | $139,148 | $74,188+87.6% | $115,756+20.2% | $64,808+114.7% |
| Participation rate | 97.1% | 76.2%+20.8pp | 77.1%+20.0pp | 71.5%+25.6pp |
| Annual return | -16.79% | -11.81%-5.0pp | 143.14%-159.9pp | 32.82%-49.6pp |
| Employer contribution / active EE | $1,969 | $3,365-41.5% | $3,793-48.1% | $2,506-21.4% |
| Participant deferral / active EE | $8,352 | $5,294+57.8% | $6,254+33.6% | $4,310+93.8% |
| Admin fee / account holder | -$15 | $148-110.0% | $8,124-100.2% | $188-107.9% |