Filed February 20, 2020
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: WOODBURY FINANCIAL SERVICES INC Service code 55 · EIN 41-0944586 | Other Commissions | $12,017 |
HGK1 year Filed as: HGK, LTD Service code 10 · EIN 41-1340072 | Accounting | $5,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | $806 |
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $58,724 | $63,114-7.0% | $92,893-36.8% | $65,185-9.9% |
| Participation rate | 73.5% | 68.8%+4.7pp | 76.0%-2.5pp | 70.2%+3.3pp |
| Annual return | 25.79% | 28.75%-3.0pp | 109.41%-83.6pp | 29.38%-3.6pp |
| Employer contribution / active EE | $1,220 | $2,571-52.5% | $3,653-66.6% | $2,177-43.9% |
| Participant deferral / active EE | $4,399 | $3,108+41.5% | $4,236+3.8% | $3,514+25.2% |
| Admin fee / account holder | $57 | $624-90.8% | $5,794-99.0% | $847-93.2% |