Filed January 14, 2020 (most recent of 3 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 |
|---|---|---|
BRIGHTON JONES LLC1 year Service code 27 · EIN 91-2007475 | Advisory (Plan) | $26,549 |
THE VANGUARD GROUP, INC.1 year Service code 15 · EIN 23-1945930 | Recordkeeping | $9,009 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,364 | $63,156-45.6% | $122,332-71.9% | $62,292-44.8% |
| Participation rate | 35.9% | 60.0%-24.1pp | 71.6%-35.7pp | 69.5%-33.6pp |
| Annual return | 18.89% | 20.61%-1.7pp | 30.27%-11.4pp | 28.90%-10.0pp |
| Employer contribution / active EE | $863 | $1,385-37.7% | $4,050-78.7% | $2,042-57.7% |
| Participant deferral / active EE | $2,046 | $2,321-11.9% | $3,287-37.8% | $3,169-35.4% |
| Admin fee / account holder | $367 | $440-16.7% | $5,478-93.3% | $479-23.5% |