Filed June 21, 2023 (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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $165,301 |
REGIONS BANK6 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $53,228 |
Form 5500 reported that benefits due were not provided when due.
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 | $16,927 | $50,127-66.2% | $149,673-88.7% | $80,160-78.9% |
| Participation rate | 73.6% | 64.3%+9.3pp | 78.8%-5.2pp | 72.9%+0.6pp |
| Annual return | 19.18% | 29.82%-10.6pp | 134.42%-115.2pp | 40.38%-21.2pp |
| Employer contribution / active EE | $249 | $1,865-86.6% | $4,818-94.8% | $2,978-91.6% |
| Participant deferral / active EE | $1,542 | $3,194-51.7% | $5,680-72.9% | $5,017-69.3% |
| Admin fee / account holder | $122 | $153-20.2% | $13,210-99.1% | $145-15.9% |