Filed November 3, 2022 (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 |
|---|---|---|
FUND DIRECT ADVISORS4 years Service code 26 · EIN 27-3584365 | Advisory (Participants) | $8,244 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $21,556 | $27,839-22.6% | $58,482-63.1% | $71,457-69.8% |
| Participation rate | 59.6% | 34.5%+25.1pp | 50.9%+8.8pp | 67.9%-8.3pp |
| Annual return | -3.79% | 26.81%-30.6pp | 4239.32%-4243.1pp | 28.85%-32.6pp |
| Employer contribution / active EE | $1,310 | $631+107.6% | $1,053+24.3% | $2,588-49.4% |
| Participant deferral / active EE | $1,465 | $1,206+21.5% | $1,924-23.8% | $4,289-65.8% |
| Admin fee / account holder | $94 | $1,641-94.3% | $2,516-96.3% | $1,587-94.1% |