Filed June 20, 2024
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 |
|---|---|---|
CLIFTONLARSONALLEN LLP1 year Filed as: CLIFTON LARSON ALLEN, LLP Service code 10 · EIN 41-0746749 | Accounting | $11,110 |
Filed as: MASSMUTUAL LIFE INSURANCE CO. Service code 15 · EIN 04-1590850 | Recordkeeping | $770 |
MORNINGSTAR2+ years Filed as: MORNINGSTAR ASSOCIATES, LLC Service code 49 · EIN 36-4317381 | Other Services | $16 |
Service code 27 · EIN 61-1732930 | Advisory (Plan) | $0 |
Filed as: MESIROW FINANCIAL INV MGMT Service code 27 · EIN 36-3429599 | 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 | $109,929 | $71,802+53.1% | $133,980-18.0% | $57,658+90.7% |
| Participation rate | 99.7% | 85.5%+14.2pp | 87.1%+12.6pp | 70.2%+29.4pp |
| Annual return | 8.18% | 13.51%-5.3pp | 29.30%-21.1pp | 5.13%+3.0pp |
| Employer contribution / active EE | $6,903 | $3,161+118.4% | $5,211+32.5% | $1,974+249.7% |
| Participant deferral / active EE | $4,966 | $4,606+7.8% | $6,282-20.9% | $3,061+62.3% |
| Admin fee / account holder | $27 | $88-68.8% | $9,324-99.7% | $95-71.0% |