Filed December 12, 2023
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 |
|---|---|---|
PRIVATE ADVISOR GROUP LLC8+ years Filed as: PRIVATE ADVISORS GROUP Service code 27 · EIN 27-3463733 | Advisory (Plan) | $64,078 |
Service code 12 · EIN 13-3689044 | Claims processing; Float revenue; Par... | $47,745 |
NATIONAL FINANCIAL SERVICES9+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $112,950 | $92,971+21.5% | $96,683+16.8% | $74,419+51.8% |
| Participation rate | 100.0% | 71.5%+28.5pp | 74.3%+25.7pp | 70.7%+29.3pp |
| Annual return | 23.25% | 37.49%-14.2pp | 35.69%-12.4pp | 34.38%-11.1pp |
| Employer contribution / active EE | $4,899 | $3,426+43.0% | $3,737+31.1% | $2,637+85.8% |
| Participant deferral / active EE | $10,575 | $3,970+166.4% | $4,878+116.8% | $4,528+133.5% |
| Admin fee / account holder | $320 | $633-49.4% | $6,730-95.2% | $348-7.9% |