Filed August 7, 2024 (most recent of 4 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $45,035 |
CREATIVE PLANNING LLC3 years Filed as: CREATIVE PLANNING, INC. Service code 27 · EIN 43-1270780 | Advisory (Plan) | $20,000 |
FORVIS MAZARS, LLP1 year Filed as: FORVIS Service code 10 · EIN 44-0160260 | Accounting | $7,941 |
UNITED WAY OF GREATER1 year Filed as: UNITED WAY OF GREATER KANSAS CITY Service code 10 · EIN 44-0545812 | Accounting | $7,940 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $69,257 | $58,208+19.0% | $81,812-15.3% | $80,856-14.3% |
| Participation rate | 93.4% | 63.4%+30.0pp | 72.3%+21.1pp | 67.6%+25.8pp |
| Annual return | 13.09% | 41.66%-28.6pp | 773.79%-760.7pp | 35.59%-22.5pp |
| Employer contribution / active EE | $8,094 | $2,340+245.9% | $2,912+177.9% | $2,755+193.8% |
| Participant deferral / active EE | $5,597 | $3,281+70.6% | $4,319+29.6% | $4,296+30.3% |
| Admin fee / account holder | $564 | $4,981-88.7% | $7,386-92.4% | $6,918-91.8% |