See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
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Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
THE FINWAY GROUP1 year Service code 15 · EIN 42-1468222 5625 MILLS CIVIC PKWY · WEST DES MOINES, IA 50266 | Recordkeeping | $7,875 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $37,851 | $52,953-28.5% | $172,739-78.1% | $65,185-41.9% |
| Participation rate | 57.2% | 66.2%-9.0pp | 82.6%-25.4pp | 70.2%-13.0pp |
| Annual return | 19.43% | 30.12%-10.7pp | 802.84%-783.4pp | 29.38%-10.0pp |
| Employer contribution / active EE | $756 | $2,190-65.5% | $5,143-85.3% | $2,177-65.3% |
| Participant deferral / active EE | $1,516 | $2,471-38.6% | $5,198-70.8% | $3,514-56.9% |
| Admin fee / account holder | $160 | $472-66.1% | $13,954-98.9% | $847-81.1% |