Filed July 21, 2022
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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $119,325 |
VALMARK ADVISERS INC6 years Filed as: VALMARK ADVISERS Service code 27 · EIN 31-1509466 | Advisory (Plan) | $44,692 |
MORNINGSTAR1 year Filed as: MORNINGSTAR INVESTMENT MANAGEMENT L Service code 26 · EIN 36-4317381 | Advisory (Participants) | $0 |
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 | $115,322 | $145,877-20.9% | $150,045-23.1% | $102,872+12.1% |
| Participation rate | 98.1% | 79.8%+18.2pp | 82.3%+15.8pp | 73.0%+25.1pp |
| Annual return | 19.85% | 21.37%-1.5pp | 62.55%-42.7pp | 19.06%+0.8pp |
| Employer contribution / active EE | $1,464 | $4,710-68.9% | $4,693-68.8% | $3,526-58.5% |
| Participant deferral / active EE | $7,387 | $9,491-22.2% | $7,997-7.6% | $5,535+33.5% |
| Admin fee / account holder | $117 | $176-33.4% | $13,435-99.1% | $292-59.9% |