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 |
|---|---|---|
SUMMIT FINANCIAL GROUP INC3 years Filed as: SUMMIT FINANCIAL GROUP Service code 27 6521 CITATION DRIVE · CLARKSTON, MI 48346 | Advisory (Plan) | $28,405 |
ASCENSUS LLC3 years Service code 15 · EIN 11-3665754 | Recordkeeping | $14,145 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $165,954 | $78,422+111.6% | $95,952+73.0% | $79,858+107.8% |
| Participation rate | 88.2% | 73.5%+14.7pp | 77.1%+11.1pp | 69.6%+18.5pp |
| Annual return | 14.21% | 19.37%-5.2pp | 91.61%-77.4pp | 31.71%-17.5pp |
| Employer contribution / active EE | $1,570 | $1,945-19.3% | $2,541-38.2% | $2,471-36.5% |
| Participant deferral / active EE | $5,033 | $3,440+46.3% | $4,167+20.8% | $3,740+34.6% |
| Admin fee / account holder | $421 | $5,622-92.5% | $6,795-93.8% | $5,306-92.1% |