Filed July 17, 2015
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: GREAT-WEST TRUST COMPANY, LLC (NY) Service code 15 · EIN 84-0467907 | Recordkeeping | $7,574 |
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).
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 | $29,203 | $47,456-38.5% | $172,739-83.1% | $77,787-62.5% |
| Participation rate | 41.5% | 66.3%-24.7pp | 82.6%-41.1pp | 73.2%-31.7pp |
| Annual return | 19.14% | 35.57%-16.4pp | 802.84%-783.7pp | 32.57%-13.4pp |
| Employer contribution / active EE | $512 | $1,574-67.5% | $5,143-90.0% | $2,504-79.5% |
| Participant deferral / active EE | $747 | $2,560-70.8% | $5,198-85.6% | $3,967-81.2% |
| Admin fee / account holder | $8 | $81-90.6% | $13,954-99.9% | $100-92.4% |