Filed June 13, 2019
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 7-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 |
|---|---|---|
MCGRIFF INSURANCE SERVICES6 years Service code 27 · EIN 56-1623293 | Advisory (Plan) | $275,000 |
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $107,952 |
WRIGHT FORD YOUNG & CO6 years Filed as: WRIGHT FORD YOUNG & CO. Service code 10 · EIN 95-3288054 | Accounting | $35,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$776,276 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $106,327 | $122,186-13.0% | $146,958-27.6% | $199,593-46.7% |
| Participation rate | 80.2% | 78.3%+2.0pp | 82.2%-1.9pp | 72.0%+8.3pp |
| Annual return | 18.20% | 30.56%-12.4pp | 418.34%-400.1pp | 34.25%-16.1pp |
| Employer contribution / active EE | $548 | $4,093-86.6% | $4,933-88.9% | $3,034-82.0% |
| Participant deferral / active EE | $7,807 | $8,502-8.2% | $8,070-3.3% | $5,087+53.5% |
| Admin fee / account holder | -$47 | $179-126.4% | $12,998-100.4% | $269-117.5% |