Filed May 6, 2024
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 |
|---|---|---|
ASPIRE FINANCIAL SERVICES3+ years Service code 18 · EIN 27-1033755 | Trustee (bank, trust company, or simi... | $5,448 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $53,527 | $58,726-8.9% | $92,233-42.0% | $62,292-14.1% |
| Participation rate | 74.0% | 68.3%+5.7pp | 76.5%-2.4pp | 69.5%+4.5pp |
| Annual return | 15.75% | 43.62%-27.9pp | 176.28%-160.5pp | 28.90%-13.1pp |
| Employer contribution / active EE | $1,390 | $2,392-41.9% | $3,679-62.2% | $2,042-31.9% |
| Participant deferral / active EE | $2,949 | $2,766+6.6% | $3,897-24.3% | $3,169-6.9% |
| Admin fee / account holder | $90 | $556-83.8% | $5,194-98.3% | $479-81.1% |