Filed February 5, 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $24,611 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $4,927 |
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 | $65,575 | $58,879+11.4% | $178,490-63.3% | $73,488-10.8% |
| Participation rate | 69.5% | 66.2%+3.3pp | 81.9%-12.4pp | 70.7%-1.2pp |
| Annual return | 63.54% | 24.86%+38.7pp | 151.07%-87.5pp | 28.51%+35.0pp |
| Employer contribution / active EE | $819 | $2,236-63.4% | $5,011-83.6% | $2,270-63.9% |
| Participant deferral / active EE | $2,776 | $2,567+8.1% | $5,202-46.6% | $3,740-25.8% |
| Admin fee / account holder | $253 | $400-36.9% | $13,984-98.2% | $513-50.8% |