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 LLC5 years Service code 15 · EIN 11-3665754 | Recordkeeping | $3,606 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $34,316 | $65,061-47.3% | $143,757-76.1% | $66,914-48.7% |
| Participation rate | 33.9% | 65.2%-31.3pp | 80.3%-46.4pp | 69.8%-35.9pp |
| Annual return | -15.84% | -11.14%-4.7pp | -0.04%-15.8pp | 1.58%-17.4pp |
| Employer contribution / active EE | $532 | $2,361-77.5% | $4,951-89.2% | $2,544-79.1% |
| Participant deferral / active EE | $1,578 | $2,919-45.9% | $5,637-72.0% | $4,237-62.8% |
| Admin fee / account holder | $24 | $502-95.2% | $14,673-99.8% | $593-95.9% |