Filed August 1, 2018
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
ASPIRE FINANCIAL SERVICES5+ years Service code 64 · EIN 27-1063375 | Recordkeeping Fees | $16,492 |
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 | $33,061 | $49,138-32.7% | $84,015-60.6% | $65,185-49.3% |
| Participation rate | 34.5% | 60.7%-26.2pp | 69.0%-34.5pp | 70.2%-35.7pp |
| Annual return | 21.35% | 23.00%-1.6pp | 71.31%-50.0pp | 29.38%-8.0pp |
| Employer contribution / active EE | $456 | $914-50.1% | $1,983-77.0% | $2,177-79.1% |
| Participant deferral / active EE | $1,186 | $2,397-50.5% | $3,239-63.4% | $3,514-66.3% |
| Admin fee / account holder | $339 | $543-37.5% | $6,101-94.4% | $847-59.9% |