Filed September 3, 2019
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 |
|---|---|---|
MMA SECURITIES LLC1 year Filed as: MARSH USA INC Service code 13 P.O. BOX 12748 · ROANOKE, VA 24028 | Contract Administrator | $2,594 |
Filed as: GREAT-WEST LIFE & ANNUITY INS. CO. Service code 64 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Recordkeeping Fees | $92 |
Filed as: ADVISED ASSETS GROUP Service code 28 8515 EAST ORCHARD ROAD · GREENWOOD VILLAGE, CO 80111 | Investment Management | $1 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $9,580 | $41,617-77.0% | $84,611-88.7% | $77,787-87.7% |
| Participation rate | 12.3% | 45.0%-32.7pp | 68.2%-55.9pp | 73.2%-60.9pp |
| Annual return | 79.80% | 24.97%+54.8pp | 258.74%-178.9pp | 32.57%+47.2pp |
| Employer contribution / active EE | $70 | $1,061-93.4% | $2,652-97.4% | $2,504-97.2% |
| Participant deferral / active EE | $352 | $2,129-83.4% | $3,899-91.0% | $3,967-91.1% |
| Admin fee / account holder | $9 | $121-92.2% | $4,912-99.8% | $100-90.5% |