Filed October 9, 2023
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 13 · EIN 42-0127290 | Contract Administrator | $97,130 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $40,000 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $98,006 | $106,028-7.6% | $146,958-33.3% | $77,643+26.2% |
| Participation rate | 95.6% | 78.4%+17.3pp | 82.2%+13.5pp | 70.6%+25.0pp |
| Annual return | 11.24% | 56.73%-45.5pp | 418.34%-407.1pp | 31.24%-20.0pp |
| Employer contribution / active EE | $9,889 | $4,063+143.4% | $4,933+100.5% | $2,726+262.8% |
| Participant deferral / active EE | $5,996 | $7,990-25.0% | $8,070-25.7% | $4,647+29.0% |
| Admin fee / account holder | $169 | $337-49.9% | $12,998-98.7% | $430-60.8% |