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 MANAGEMENT2+ years Service code 26 · EIN 58-2099805 | Advisory (Participants) | $50,020 |
FREEDMAN BENEFITS GROUP2+ years Service code 15 30400 TELEGRAPH ROAD · BINGHAM FARMS, MI 48025 | Recordkeeping | $11,140 |
Filed as: METZLER LOCRICCHIO SERRA & CO Service code 10 · EIN 38-2488264 1800 WEST BIG BEAVER RD. STE 100 · TROY, MI 48084 | Accounting | $4,296 |
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).
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 | $38,682 | $50,106-22.8% | $70,014-44.8% | $57,658-32.9% |
| Participation rate | 66.7% | 70.9%-4.2pp | 71.8%-5.1pp | 70.2%-3.6pp |
| Annual return | 34.00% | 14.58%+19.4pp | 12.99%+21.0pp | 5.13%+28.9pp |
| Employer contribution / active EE | $422 | $1,739-75.7% | $2,338-81.9% | $1,974-78.6% |
| Participant deferral / active EE | $1,603 | $2,486-35.5% | $2,931-45.3% | $3,061-47.6% |
| Admin fee / account holder | $96 | $89+7.9% | $4,380-97.8% | $95+1.8% |