Filed August 24, 2023 (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 |
|---|---|---|
LOCKTON INVESTMENT ADVISORS, LLC4+ years Service code 16 · EIN 20-8874282 | Consulting | $60,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $54,247 |
Annual investment return is in the bottom quintile of the peer cohort.
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 | $87,367 | $64,457+35.5% | $111,392-21.6% | $55,725+56.8% |
| Participation rate | 97.1% | 79.7%+17.4pp | 78.9%+18.2pp | 70.9%+26.2pp |
| Annual return | -7.25% | -19.97%+12.7pp | -2.06%-5.2pp | 244.93%-252.2pp |
| Employer contribution / active EE | $4,473 | $3,956+13.1% | $4,328+3.4% | $2,078+115.2% |
| Participant deferral / active EE | $6,921 | $5,219+32.6% | $5,567+24.3% | $3,356+106.3% |
| Admin fee / account holder | $93 | $112-16.7% | $12,266-99.2% | $115-19.0% |