Filed February 28, 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $156,352 |
LOCKTON INVESTMENT ADVISORS, LLC8+ years Service code 27 · EIN 20-8874282 | Advisory (Plan) | $85,000 |
KREISCHER MILLER3 years Service code 10 · EIN 23-1980475 | Accounting | $42,265 |
Filed as: MERRILL LYNCH,PIERCE, FENNER & SMI Service code 27 · EIN 13-5674085 | Advisory (Plan) | $18,750 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $151,395 | $136,266+11.1% | $90,749+66.8% | $77,904+94.3% |
| Participation rate | 99.4% | 86.6%+12.7pp | 75.7%+23.7pp | 73.7%+25.7pp |
| Annual return | 7.04% | -11.32%+18.4pp | -12.16%+19.2pp | 12.21%-5.2pp |
| Employer contribution / active EE | $12,100 | $4,215+187.1% | $2,921+314.3% | $2,848+324.9% |
| Participant deferral / active EE | $9,914 | $6,353+56.1% | $4,564+117.2% | $4,806+106.3% |
| Admin fee / account holder | $130 | $399-67.4% | $8,445-98.5% | $133-1.9% |