Filed January 15, 2020
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 | $25,931 |
SYNOVUS TRUST COMPANY N.A.4 years Filed as: SYNOVUS TRUST COMPANY, N.A. Service code 27 · EIN 58-2146977 | Advisory (Plan) | $20,971 |
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $9,688 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $35,548 | $65,946-46.1% | $81,783-56.5% | $77,671-54.2% |
| Participation rate | 66.7% | 65.8%+0.9pp | 72.4%-5.7pp | 70.6%-3.9pp |
| Annual return | 14.52% | 26.65%-12.1pp | 775.05%-760.5pp | 31.21%-16.7pp |
| Employer contribution / active EE | $1,324 | $2,371-44.2% | $2,913-54.5% | $2,726-51.4% |
| Participant deferral / active EE | $3,663 | $3,507+4.5% | $4,320-15.2% | $4,648-21.2% |
| Admin fee / account holder | $189 | $527-64.2% | $7,380-97.4% | $430-56.2% |