Filed May 15, 2023 (most recent of 3 filings on file)
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 |
|---|---|---|
WELLS FARGO BANK, N.A.4+ years Service code 15 · EIN 94-1347393 | Recordkeeping | $639,074 |
CAPFINANCIAL PARTNERS LLC4+ years Filed as: CAPFINANCIAL PARTNERS, LLC Service code 27 · EIN 26-0058143 | Advisory (Plan) | $126,825 |
SCHENCK SC4+ years Service code 10 · EIN 39-1173131 | Accounting | $31,074 |
ADVISORS MANAGEMENT GROUP2 years Service code 26 · EIN 41-1619602 | Advisory (Participants) | $24,305 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $52,682 | $96,540-45.4% | $67,313-21.7% | $73,367-28.2% |
| Participation rate | 58.9% | 65.8%-6.9pp | 69.1%-10.2pp | 69.5%-10.6pp |
| Annual return | -5.19% | -4.11%-1.1pp | -4.08%-1.1pp | 173.45%-178.6pp |
| Employer contribution / active EE | $1,341 | $4,087-67.2% | $2,566-47.7% | $2,499-46.4% |
| Participant deferral / active EE | $2,071 | $3,965-47.8% | $3,568-42.0% | $4,033-48.6% |
| Admin fee / account holder | $65 | $100-35.0% | $4,507-98.6% | $68-5.2% |