Filed February 26, 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 |
|---|---|---|
SECURITIES AMERICA INC4+ years Service code 27 · EIN 47-0648506 | Advisory (Plan) | $343,998 |
Service code 60 · EIN 04-2647786 | Sub-TA Fees | $168,215 |
WARREN AVERETT, LLC3 years Filed as: WARREN AVERETT CPAS AND ADVISORS Service code 16 · EIN 45-4084437 | Consulting | $11,000 |
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 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 | $32,392 | $87,358-62.9% | $68,793-52.9% | $68,904-53.0% |
| Participation rate | 94.5% | 80.2%+14.3pp | 72.2%+22.3pp | 74.1%+20.4pp |
| Annual return | -5.37% | -3.98%-1.4pp | -4.63%-0.7pp | 1.07%-6.4pp |
| Employer contribution / active EE | $1,899 | $3,082-38.4% | $2,625-27.7% | $2,540-25.2% |
| Participant deferral / active EE | $3,042 | $4,259-28.6% | $3,311-8.1% | $4,015-24.2% |
| Admin fee / account holder | $56 | $68-17.7% | $5,131-98.9% | $71-22.0% |