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) | $75,012 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$95,992 |
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 | $106,849 | $84,784+26.0% | $98,439+8.5% | $74,419+43.6% |
| Participation rate | 97.2% | 81.5%+15.6pp | 75.2%+22.0pp | 70.7%+26.4pp |
| Annual return | 17.85% | 20.59%-2.7pp | 21.16%-3.3pp | 34.38%-16.5pp |
| Employer contribution / active EE | $4,527 | $3,364+34.6% | $3,048+48.5% | $2,637+71.6% |
| Participant deferral / active EE | $6,710 | $5,218+28.6% | $4,738+41.6% | $4,528+48.2% |
| Admin fee / account holder | -$19 | $204-109.4% | $8,948-100.2% | $348-105.5% |