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 LLC6 years Service code 15 · EIN 11-3665754 | Recordkeeping | $3,076 |
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 | $38,850 | $61,272-36.6% | $149,673-74.0% | $71,457-45.6% |
| Participation rate | 38.7% | 62.5%-23.8pp | 78.8%-40.0pp | 67.9%-29.2pp |
| Annual return | 17.01% | 35.85%-18.8pp | 134.42%-117.4pp | 28.85%-11.8pp |
| Employer contribution / active EE | $721 | $2,378-69.7% | $4,818-85.0% | $2,588-72.1% |
| Participant deferral / active EE | $1,854 | $2,917-36.5% | $5,680-67.4% | $4,289-56.8% |
| Admin fee / account holder | $17 | $1,261-98.6% | $13,210-99.9% | $1,587-98.9% |