Filed June 28, 2023 (most recent of 2 filings on file)
Total covered: 16 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 6-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 |
|---|---|---|
MILLIMAN, INC.5+ years Service code 15 · EIN 91-0675641 | Recordkeeping | $28,231 |
HAYS FINANCIAL GROUP5+ years Filed as: THE HAYS GROUP INC. Service code 27 · EIN 41-1784898 | Advisory (Plan) | $5,195 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB & CO. INC. Service code 19 · EIN 94-1737782 | Securities Custodian | $0 |
CHARLES SCHWAB & CO., INC.5+ years Service code 19 | Securities Custodian | $0 |
CHARLES SCHWAB & CO., INC.5+ years Filed as: CHARLES SCHWAB BANK Service code 19 | Securities Custodian | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $70,744 | $124,414-43.1% | $115,157-38.6% | $67,579+4.7% |
| Participation rate | 42.1% | 58.1%-16.0pp | 75.9%-33.8pp | 71.3%-29.2pp |
| Annual return | 18.21% | 29.40%-11.2pp | 35.60%-17.4pp | 378.56%-360.3pp |
| Employer contribution / active EE | $226 | $1,454-84.5% | $3,179-92.9% | $2,148-89.5% |
| Participant deferral / active EE | $2,254 | $2,331-3.3% | $4,168-45.9% | $3,539-36.3% |
| Admin fee / account holder | $204 | $361-43.6% | $7,088-97.1% | $142+43.2% |