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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $186,704 |
REGIONS BANK7 years Service code 27 · EIN 63-0371391 | Advisory (Plan) | $53,510 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,747 | $53,136-70.4% | $155,509-89.9% | $199,593-92.1% |
| Participation rate | 75.2% | 64.1%+11.1pp | 78.2%-3.0pp | 72.0%+3.2pp |
| Annual return | 13.52% | 41.15%-27.6pp | 64.67%-51.1pp | 34.25%-20.7pp |
| Employer contribution / active EE | $253 | $1,851-86.3% | $4,672-94.6% | $3,034-91.7% |
| Participant deferral / active EE | $1,541 | $3,161-51.3% | $5,626-72.6% | $5,087-69.7% |
| Admin fee / account holder | $113 | $185-39.2% | $15,912-99.3% | $269-58.1% |