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 | $101,464 |
VALMARK ADVISERS INC2 years Filed as: VALMARK ADVISERS Service code 27 · EIN 31-1509466 | Advisory (Plan) | $44,804 |
REDPATH AND COMPANY1 year Service code 10 · EIN 41-0975573 | Accounting | $11,750 |
SAUL EWING1 year Filed as: SAUL EWING ARMSTEIN Service code 29 · EIN 23-1416352 | Legal | $9,594 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $89,865 | $120,450-25.4% | $159,436-43.6% | $93,030-3.4% |
| Participation rate | 96.4% | 78.0%+18.5pp | 82.8%+13.6pp | 73.9%+22.5pp |
| Annual return | 19.85% | 27.11%-7.3pp | 263.57%-243.7pp | 158.70%-138.9pp |
| Employer contribution / active EE | $1,465 | $3,526-58.4% | $4,829-69.7% | $2,706-45.9% |
| Participant deferral / active EE | $5,747 | $7,283-21.1% | $7,352-21.8% | $4,562+26.0% |
| Admin fee / account holder | $125 | $137-8.9% | $10,799-98.8% | $152-17.9% |