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 | $124,104 |
VALMARK ADVISERS INC4 years Filed as: VALMARK ADVISERS Service code 27 · EIN 31-1509466 | Advisory (Plan) | $44,931 |
REDPATH AND COMPANY3 years Service code 10 · EIN 41-0975573 | Accounting | $33,000 |
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 | $87,701 | $107,459-18.4% | $135,903-35.5% | $80,160+9.4% |
| Participation rate | 97.8% | 78.0%+19.8pp | 81.9%+15.9pp | 72.9%+24.9pp |
| Annual return | 23.46% | 91.91%-68.5pp | 68.23%-44.8pp | 40.38%-16.9pp |
| Employer contribution / active EE | $1,519 | $3,877-60.8% | $4,856-68.7% | $2,978-49.0% |
| Participant deferral / active EE | $7,305 | $8,195-10.9% | $7,758-5.8% | $5,017+45.6% |
| Admin fee / account holder | $143 | $127+12.6% | $10,762-98.7% | $145-1.3% |