Filed September 11, 2024
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 8-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 |
|---|---|---|
Service code 12 · EIN 13-3689044 | Recordkeeping fees; Participant commu... | $91,688 |
AMERICAN FUNDS2 years Filed as: ADVANCE CAPITAL GROUP Service code 16 50 S. SIXTH STREET · MINNEAPOLIS, MN 55402 | Consulting | $25,371 |
Service code 99 · EIN 39-1039417 | Other Fees | $16,430 |
CHARLES SCHWAB & CO., INC.2 years Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $1,399 |
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
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 | $108,602 | $105,581+2.9% | $70,449+54.2% | $90,288+20.3% |
| Participation rate | 74.8% | 77.5%-2.7pp | 75.1%-0.2pp | 73.4%+1.5pp |
| Annual return | 62.04% | 14.78%+47.3pp | 109.03%-47.0pp | 53.97%+8.1pp |
| Employer contribution / active EE | $1,795 | $3,304-45.7% | $2,737-34.4% | $2,524-28.9% |
| Participant deferral / active EE | $2,946 | $3,813-22.7% | $3,709-20.6% | $4,232-30.4% |
| Admin fee / account holder | $40 | $68-41.4% | $3,845-99.0% | $114-65.3% |