Filed December 6, 2023
See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
BERMAN GOLDMAN & RIBAKOW LLP2+ years Service code 10 · EIN 52-0624225 | Accounting | $8,500 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $276 |
Service code 27 · EIN 95-2755361 | Advisory (Plan) | $0 |
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 | $37,803 | $42,546-11.1% | $71,796-47.3% | $55,167-31.5% |
| Participation rate | 86.3% | 59.1%+27.2pp | 69.1%+17.2pp | 69.0%+17.3pp |
| Annual return | 6.67% | 12.36%-5.7pp | 78.04%-71.4pp | 169.23%-162.6pp |
| Employer contribution / active EE | $1,031 | $803+28.3% | $1,924-46.4% | $1,963-47.5% |
| Participant deferral / active EE | $3,387 | $2,064+64.1% | $2,794+21.2% | $3,054+10.9% |
| Admin fee / account holder | $51 | $650-92.2% | $4,815-99.0% | $504-90.0% |