Filed November 28, 2022 (most recent of 3 filings on file)
Total covered: 26 employees
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 |
|---|---|---|
GREENLEAF TRUST4+ years Service code 15 · EIN 38-3416104 | Recordkeeping | $46,030 |
LINCOLN NATIONAL CORPORATION4+ years Filed as: LINCOLN FINANCIAL GROUP Service code 13 · EIN 35-0472300 | Contract Administrator | $225 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $40,203 | $47,977-16.2% | $154,107-73.9% | $56,287-28.6% |
| Participation rate | 62.6% | 66.2%-3.6pp | 83.0%-20.5pp | 69.9%-7.3pp |
| Annual return | -3.67% | 3.54%-7.2pp | 735.12%-738.8pp | -9.96%+6.3pp |
| Employer contribution / active EE | $929 | $2,169-57.1% | $5,298-82.5% | $2,111-56.0% |
| Participant deferral / active EE | $3,550 | $2,392+48.4% | $5,081-30.1% | $3,350+6.0% |
| Admin fee / account holder | $249 | $438-43.3% | $13,411-98.1% | $521-52.3% |