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 |
|---|---|---|
HAYS FINANCIAL GROUP2 years Filed as: THE HAYS FINANCIAL GROUP, LLC Service code 99 · EIN 41-1931920 | Other Fees | $9,274 |
ASCENSUS LLC3 years Filed as: ASCENSUS Service code 49 PO BOX 734602 · CHICAGO, IA 60673 | Other Services | $990 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 99 · EIN 47-1411118 | Other Fees | $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).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,525 | $76,050-75.6% | $96,544-80.8% | $71,457-74.1% |
| Participation rate | 88.1% | 74.4%+13.7pp | 76.0%+12.1pp | 67.9%+20.2pp |
| Annual return | 10.29% | 22.81%-12.5pp | 25.84%-15.6pp | 28.85%-18.6pp |
| Employer contribution / active EE | $862 | $2,244-61.6% | $2,965-70.9% | $2,588-66.7% |
| Participant deferral / active EE | $2,648 | $4,215-37.2% | $4,851-45.4% | $4,289-38.3% |
| Admin fee / account holder | $231 | $2,707-91.5% | $8,252-97.2% | $1,587-85.5% |