Filed May 11, 2020
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 |
|---|---|---|
EDWARD JONES2 years Service code 26 · EIN 43-0345811 | Advisory (Participants) | $14,361 |
Filed as: JOHN HANCOCK Service code 15 · EIN 01-0233346 | Recordkeeping | $2,134 |
Filed as: WILSHIRE ASSOCIATES, INC. Service code 26 · EIN 43-0345811 | Advisory (Participants) | $1,149 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $64,810 | $72,554-10.7% | $138,135-53.1% | $73,488-11.8% |
| Participation rate | 67.5% | 74.8%-7.3pp | 78.7%-11.2pp | 70.7%-3.1pp |
| Annual return | 18.16% | 17.50%+0.7pp | 20.51%-2.3pp | 28.51%-10.4pp |
| Employer contribution / active EE | $0 | $3,511-100.0% | $5,587-100.0% | $2,270-100.0% |
| Participant deferral / active EE | $4,449 | $4,908-9.4% | $6,431-30.8% | $3,740+19.0% |
| Admin fee / account holder | $285 | $464-38.7% | $11,856-97.6% | $513-44.5% |