Filed February 25, 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 |
|---|---|---|
Filed as: GREGORY J SCHWARTZ & CO INC Service code 27 · EIN 38-2117812 | Advisory (Plan) | $147,344 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$137,824 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $91,650 | $81,908+11.9% | $90,749+1.0% | $64,808+41.4% |
| Participation rate | 94.9% | 80.5%+14.4pp | 75.7%+19.2pp | 71.5%+23.4pp |
| Annual return | -12.93% | -12.53%-0.4pp | -12.16%-0.8pp | 32.82%-45.7pp |
| Employer contribution / active EE | $4,153 | $3,065+35.5% | $2,921+42.2% | $2,506+65.7% |
| Participant deferral / active EE | $6,047 | $4,840+24.9% | $4,564+32.5% | $4,310+40.3% |
| Admin fee / account holder | $9 | $157-94.4% | $8,445-99.9% | $188-95.3% |