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 | $32,392 |
SYNOVUS TRUST COMPANY N.A.5 years Filed as: SYNOVUS TRUST COMPANY, N.A. Service code 27 · EIN 58-2146977 | Advisory (Plan) | $22,806 |
STRATEGIC ADVISORS, INC.1 year Filed as: STRATEGIC ADVISERS LLC Service code 27 · EIN 04-2654524 | Advisory (Plan) | $7,572 |
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 | $57,267 | $61,058-6.2% | $71,209-19.6% | $85,563-33.1% |
| Participation rate | 60.1% | 58.6%+1.5pp | 73.8%-13.7pp | 66.0%-5.9pp |
| Annual return | 16.71% | 100.41%-83.7pp | 282.51%-265.8pp | 31.51%-14.8pp |
| Employer contribution / active EE | $1,271 | $2,199-42.2% | $2,721-53.3% | $2,654-52.1% |
| Participant deferral / active EE | $3,872 | $3,173+22.0% | $4,175-7.3% | $4,375-11.5% |
| Admin fee / account holder | $295 | $855-65.5% | $5,349-94.5% | $834-64.7% |