Filed November 30, 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 8-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 64 11225 NORTH COMMUNITY HOUSE ROAD · CHARLOTTE, NC 28277 | Recordkeeping Fees | $84,275 |
NFP RETIREMENT INC1 year Service code 26 120 VANTIS STE 400 · ALISO VIEJO, CA 926562689 | Advisory (Participants) | $23,125 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $23,326 | $62,928-62.9% | $172,739-86.5% | $67,579-65.5% |
| Participation rate | 29.8% | 64.5%-34.7pp | 82.6%-52.9pp | 71.3%-41.5pp |
| Annual return | 18.84% | 30.36%-11.5pp | 802.84%-784.0pp | 378.56%-359.7pp |
| Employer contribution / active EE | $359 | $1,636-78.1% | $5,143-93.0% | $2,148-83.3% |
| Participant deferral / active EE | $1,021 | $2,145-52.4% | $5,198-80.4% | $3,539-71.2% |
| Admin fee / account holder | $260 | $167+56.1% | $13,954-98.1% | $142+82.8% |