Filed March 27, 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 |
|---|---|---|
UBS FINANCIAL SERVICES INC8 years Service code 27 · EIN 13-2638166 | Advisory (Plan) | $10,250 |
Service code 13 · EIN 42-0127290 | Contract Administrator | $2,659 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Fidelity bond coverage is below the ERISA section 412 10%-of-assets minimum (capped at $500,000).
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 | $26,355 | $50,815-48.1% | $155,509-83.1% | $77,643-66.1% |
| Participation rate | 45.2% | 63.1%-17.9pp | 78.2%-33.0pp | 70.6%-25.4pp |
| Annual return | 10.08% | 34.80%-24.7pp | 64.67%-54.6pp | 31.24%-21.2pp |
| Employer contribution / active EE | $897 | $1,993-55.0% | $4,672-80.8% | $2,726-67.1% |
| Participant deferral / active EE | $1,479 | $2,822-47.6% | $5,626-73.7% | $4,647-68.2% |
| Admin fee / account holder | $20 | $437-95.5% | $15,912-99.9% | $430-95.4% |