Filed March 6, 2024 (most recent of 3 filings on file)
Total covered: 4 employees
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 |
|---|---|---|
PENTEGRA SERVICES, INC.2 years Service code 13 · EIN 13-3745616 108 CORPORATE PARK DRIVE · WHITE PLAINS, NY 10604 | Contract Administrator | $4,475 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $88,954 | $94,529-5.9% | $140,016-36.5% | $64,186+38.6% |
| Participation rate | 84.7% | 84.1%+0.6pp | 87.5%-2.8pp | 69.6%+15.1pp |
| Annual return | 4.83% | 7.77%-2.9pp | 651.12%-646.3pp | 7.63%-2.8pp |
| Employer contribution / active EE | $995 | $3,812-73.9% | $5,606-82.3% | $2,381-58.2% |
| Participant deferral / active EE | $3,449 | $5,250-34.3% | $6,927-50.2% | $3,470-0.6% |
| Admin fee / account holder | $338 | $6,741-95.0% | $10,705-96.8% | $4,888-93.1% |