Filed October 21, 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 |
|---|---|---|
Filed as: GLOBAL RETIREMENT PARTNERS Service code 99 | Other Fees | $8,522 |
ASCENSUS LLC1 year Filed as: ASCENSUS Service code 15 PO BOX 734602 · CHICAGO, IL 60673 | Recordkeeping | $6,890 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $0 |
Annual investment return is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,391 | $84,936-78.3% | $111,297-83.5% | $79,386-76.8% |
| Participation rate | 78.4% | 75.9%+2.6pp | 77.3%+1.1pp | 70.7%+7.7pp |
| Annual return | 9.38% | 17.45%-8.1pp | 54.65%-45.3pp | 116.85%-107.5pp |
| Employer contribution / active EE | $841 | $1,979-57.5% | $2,731-69.2% | $2,427-65.3% |
| Participant deferral / active EE | $2,379 | $3,888-38.8% | $4,487-47.0% | $4,046-41.2% |
| Admin fee / account holder | $210 | $537-60.9% | $7,964-97.4% | $626-66.5% |