Filed June 17, 2022
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 |
|---|---|---|
HORNOR TOWNSEND & KENT INC2+ years Service code 55 600 DRESHER RD # C1C · HORSHAM, PA 19044 | Other Commissions | $41,931 |
Service code 64 · EIN 84-0467907 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $25,871 |
NOVA 401(K) ASSOCIATES2+ years Service code 13 10777 NORTHWEST FREEWAY · HOUSTON, TX 77092 | Contract Administrator | $20,339 |
Filed as: EMPOWER RETIREMENT ADVISORY SERVICE Service code 28 | Investment Management | $9,553 |
MORNINGSTAR2+ years Filed as: MORNINGSTAR ASSOCIATES LLC Service code 99 5904 PAYSPHERE CIRCLE · CHICAGO, IL 60674 | Other Fees | $1,712 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $14,464 | $23,734-39.1% | $69,182-79.1% | $65,292-77.8% |
| Participation rate | 9.9% | 33.1%-23.2pp | 55.1%-45.2pp | 72.4%-62.5pp |
| Annual return | 9.25% | 19.78%-10.5pp | -21.93%+31.2pp | 11.84%-2.6pp |
| Employer contribution / active EE | $90 | $294-69.3% | $1,206-92.5% | $2,302-96.1% |
| Participant deferral / active EE | $278 | $695-60.0% | $1,897-85.3% | $3,579-92.2% |
| Admin fee / account holder | $35 | $58-39.4% | $2,697-98.7% | $57-38.2% |