Filed July 1, 2022 (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 |
|---|---|---|
Filed as: MERRILL LYNCH Service code 16 · EIN 13-5674085 | Consulting | $56,250 |
ABDO, EICK & MEYERS, LLP1 year Filed as: ABDO, LLP Service code 10 · EIN 41-1397419 | Accounting | $16,000 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $9,649 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$84,108 |
Form 5500 reported that benefits due were not provided when due.
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 | $71,057 | $50,127+41.8% | $149,673-52.5% | $80,160-11.4% |
| Participation rate | 95.0% | 64.3%+30.7pp | 78.8%+16.2pp | 72.9%+22.0pp |
| Annual return | 17.88% | 29.82%-11.9pp | 134.42%-116.5pp | 40.38%-22.5pp |
| Employer contribution / active EE | $2,020 | $1,865+8.3% | $4,818-58.1% | $2,978-32.2% |
| Participant deferral / active EE | $5,382 | $3,194+68.5% | $5,680-5.2% | $5,017+7.3% |
| Admin fee / account holder | $2 | $153-98.6% | $13,210-100.0% | $145-98.6% |