Filed November 30, 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 |
|---|---|---|
ASSOCIATED TRUST COMPANY, N.A.5+ years Service code 15 · EIN 30-0219031 | Recordkeeping | $56,070 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $14,667 | $62,928-76.7% | $172,739-91.5% | $67,579-78.3% |
| Participation rate | 92.5% | 64.5%+28.1pp | 82.6%+9.9pp | 71.3%+21.2pp |
| Annual return | 18.87% | 30.36%-11.5pp | 802.84%-784.0pp | 378.56%-359.7pp |
| Employer contribution / active EE | $107 | $1,636-93.5% | $5,143-97.9% | $2,148-95.0% |
| Participant deferral / active EE | $970 | $2,145-54.8% | $5,198-81.3% | $3,539-72.6% |
| Admin fee / account holder | $170 | $167+2.3% | $13,954-98.8% | $142+19.8% |