Filed April 7, 2015
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 |
|---|---|---|
STADION MONEY MANAGEMENT1+ years Service code 26 · EIN 58-2099805 | Advisory (Participants) | $45,424 |
LINCOLN NATIONAL CORPORATION1+ years Service code 13 · EIN 35-1140070 | Contract Administrator | $20,472 |
FREEDMAN BENEFITS GROUP1+ years Service code 15 30400 TELEGRAPH ROAD · BINGHAM FARMS, MI 48025 | Recordkeeping | $9,920 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $54,032 | $48,277+11.9% | $63,517-14.9% | $55,191-2.1% |
| Participation rate | 57.6% | 69.4%-11.8pp | 71.0%-13.4pp | 69.2%-11.6pp |
| Annual return | -0.79% | 2.37%-3.2pp | -70.30%+69.5pp | 10.78%-11.6pp |
| Employer contribution / active EE | $529 | $1,592-66.7% | $2,322-77.2% | $1,899-72.1% |
| Participant deferral / active EE | $2,079 | $2,432-14.5% | $2,953-29.6% | $3,046-31.7% |
| Admin fee / account holder | $211 | $86+145.0% | $5,892-96.4% | $91+132.0% |