Filed February 8, 2019 (most recent of 2 filings on file)
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 |
|---|---|---|
PROACCOUNT1 year Service code 28 · EIN 73-0988442 | Investment Management | $34,527 |
Filed as: IRON FIDUCIARY Service code 28 · EIN 99-9552241 | Investment Management | $10,762 |
NATIONWIDE9 years Service code 28 · EIN 31-4177100 ONE NATIONWIDE PLAZA · COLMBUS, OH 432152226 | Investment Management | $10,204 |
NATIONWIDE9 years Filed as: NATIONWIDE LIFE INSURANCE COMPANY Service code 28 · EIN 31-4156830 | Investment Management | $2,691 |
LPL FINANCIAL7 years Filed as: LPL FINANCIAL LLC Service code 28 · EIN 95-2834236 | Investment Management | $0 |
NATIONWIDE1 year Filed as: NATIONWIDE RETIREMENT PLANS Service code 28 10 W NATIONWIDE BLVD · COLUMBUS, OH 43215 | Investment Management | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $29,838 | $56,767-47.4% | $101,794-70.7% | $85,563-65.1% |
| Participation rate | 48.6% | 57.6%-9.0pp | 69.2%-20.6pp | 66.0%-17.4pp |
| Annual return | 11.17% | 17.76%-6.6pp | 30.53%-19.4pp | 31.51%-20.3pp |
| Employer contribution / active EE | $551 | $1,112-50.5% | $2,289-75.9% | $2,654-79.2% |
| Participant deferral / active EE | $1,485 | $2,720-45.4% | $4,084-63.6% | $4,375-66.1% |
| Admin fee / account holder | $129 | $1,098-88.3% | $8,777-98.5% | $834-84.6% |