Filed July 14, 2022
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 64 · EIN 04-2647786 | Recordkeeping Fees | $4,378 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Plan reported corrective distributions (failed ADP/ACP testing).
The opinion is qualified. A specific issue limited the scope or accuracy of the audit.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $72,816 | $85,766-15.1% | $136,294-46.6% | $70,131+3.8% |
| Participation rate | 94.3% | 74.2%+20.2pp | 81.9%+12.4pp | 69.5%+24.8pp |
| Annual return | 21.58% | 31.45%-9.9pp | 5155.94%-5134.4pp | 73.14%-51.6pp |
| Employer contribution / active EE | $5,939 | $2,966+100.2% | $4,695+26.5% | $2,342+153.6% |
| Participant deferral / active EE | $5,477 | $5,051+8.4% | $6,247-12.3% | $3,332+64.4% |
| Admin fee / account holder | $21 | $5,420-99.6% | $9,243-99.8% | $4,645-99.6% |