Filed March 10, 2022 (most recent of 2 filings on file)
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 |
|---|---|---|
DA DAVIDSON & CO3 years Filed as: DA DAVIDSON & COMPANY Service code 27 · EIN 81-0139474 | Advisory (Plan) | $33,720 |
Service code 37 · EIN 04-2647786 | Loan Processing | $31,848 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $39,273 | $64,286-38.9% | $90,951-56.8% | $73,409-46.5% |
| Participation rate | 46.4% | 63.6%-17.1pp | 69.0%-22.6pp | 72.2%-25.7pp |
| Annual return | 21.26% | 21.45%-0.2pp | 134.60%-113.3pp | 59.29%-38.0pp |
| Employer contribution / active EE | $856 | $895-4.4% | $2,122-59.7% | $2,234-61.7% |
| Participant deferral / active EE | $1,487 | $2,453-39.4% | $3,373-55.9% | $3,805-60.9% |
| Admin fee / account holder | $313 | $287+8.9% | $5,959-94.8% | $158+98.1% |