Filed May 1, 2024
Total covered: 6 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 |
|---|---|---|
ASCENSUS LLC1 year Filed as: FUTUREPLAN Service code 15 PO BOX 734602 · CHICAGO, IL 60673 | Recordkeeping | $5,100 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,131 |
Filed as: WILSHIRE ASSOCIATES INC(USA) Service code 26 · EIN 95-2755361 | Advisory (Participants) | $1,155 |
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.)
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $44,313 | $65,061-31.9% | $143,757-69.2% | $66,914-33.8% |
| Participation rate | 45.6% | 65.2%-19.6pp | 80.3%-34.7pp | 69.8%-24.2pp |
| Annual return | -12.39% | -11.14%-1.2pp | -0.04%-12.3pp | 1.58%-14.0pp |
| Employer contribution / active EE | $1,115 | $2,361-52.8% | $4,951-77.5% | $2,544-56.2% |
| Participant deferral / active EE | $2,189 | $2,919-25.0% | $5,637-61.2% | $4,237-48.3% |
| Admin fee / account holder | $354 | $502-29.5% | $14,673-97.6% | $593-40.3% |