Filed October 19, 2015 (most recent of 2 filings on file)
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 37 · EIN 04-2647786 | Loan Processing | $25,868 |
Filed as: WESTMINISTER CONSULTING, LLC Service code 16 · EIN 45-3679779 | Consulting | $22,625 |
MERCER1 year Service code 16 1166 AVENUE OF THE AMERICAS · NEW YORK, NY 10036 | Consulting | $19,500 |
STRATEGIC ADVISORS, INC.1 year Service code 27 · EIN 04-2654524 | Advisory (Plan) | $7,475 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $45,447 | $31,036+46.4% | $71,796-36.7% | $65,292-30.4% |
| Participation rate | 42.0% | 56.1%-14.0pp | 69.1%-27.1pp | 72.4%-30.4pp |
| Annual return | 13.53% | 8.62%+4.9pp | 78.04%-64.5pp | 11.84%+1.7pp |
| Employer contribution / active EE | $1,179 | $662+77.9% | $1,924-38.8% | $2,302-48.8% |
| Participant deferral / active EE | $2,086 | $1,336+56.2% | $2,794-25.3% | $3,579-41.7% |
| Admin fee / account holder | $11 | $65-82.4% | $4,815-99.8% | $57-80.1% |