Filed July 23, 2018 (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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $937 |
Service code 49 · EIN 52-2114207 | Other Services | $0 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $44,196 | $51,466-14.1% | $78,778-43.9% | $62,292-29.1% |
| Participation rate | 69.7% | 59.8%+9.9pp | 69.2%+0.5pp | 69.5%+0.2pp |
| Annual return | 17.87% | 19.96%-2.1pp | 35.62%-17.7pp | 28.90%-11.0pp |
| Employer contribution / active EE | $878 | $827+6.2% | $1,986-55.8% | $2,042-57.0% |
| Participant deferral / active EE | $1,895 | $2,147-11.7% | $2,958-35.9% | $3,169-40.2% |
| Admin fee / account holder | $9 | $489-98.1% | $5,134-99.8% | $479-98.1% |