Filed June 26, 2024
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 |
|---|---|---|
EDWARD JONES7 years Filed as: EDWARD D JONES & CO L P Service code 27 · EIN 43-0345811 | Advisory (Plan) | $28,421 |
Filed as: MASSACHUSETTS MUTUAL LIFE INSURANCE Service code 52 · EIN 04-1590850 | Indirect Investment Fees | $23,322 |
Filed as: EMPOWER ANNUITY INSURANCE COMPANY O Service code 64 · EIN 04-1590850 | Recordkeeping Fees | $7,082 |
RANDALL & HURLEY, INC.6 years Service code 13 · EIN 91-1991080 1328 N. WHITMAN LN · LIBERTY LAKE, WA 99019 | Contract Administrator | $250 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $43,238 | $65,061-33.5% | $143,757-69.9% | $66,914-35.4% |
| Participation rate | 49.5% | 65.2%-15.7pp | 80.3%-30.9pp | 69.8%-20.4pp |
| Annual return | -15.78% | -11.14%-4.6pp | -0.04%-15.7pp | 1.58%-17.4pp |
| Employer contribution / active EE | $781 | $2,361-66.9% | $4,951-84.2% | $2,544-69.3% |
| Participant deferral / active EE | $3,384 | $2,919+15.9% | $5,637-40.0% | $4,237-20.1% |
| Admin fee / account holder | $227 | $502-54.8% | $14,673-98.5% | $593-61.8% |