Filed August 28, 2024 (most recent of 3 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 |
|---|---|---|
ASCENSUS LLC4 years Service code 15 · EIN 11-3665754 | Recordkeeping | $2,610 |
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 | $45,888 | $56,485-18.8% | $185,823-75.3% | $86,799-47.1% |
| Participation rate | 29.7% | 65.5%-35.8pp | 81.7%-52.0pp | 72.3%-42.6pp |
| Annual return | 13.28% | 118.04%-104.8pp | 122.05%-108.8pp | 97.91%-84.6pp |
| Employer contribution / active EE | $424 | $1,843-77.0% | $5,167-91.8% | $2,405-82.4% |
| Participant deferral / active EE | $1,268 | $2,553-50.3% | $5,568-77.2% | $4,131-69.3% |
| Admin fee / account holder | $16 | $150-89.3% | $16,237-99.9% | $170-90.6% |