Filed April 21, 2022
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 8-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 |
|---|---|---|
Filed as: JOHN HANCOCK RETIREMENT PLAN SERVIC Service code 15 · EIN 01-0233346 | Recordkeeping | $141,486 |
SAGEVIEW ADVISORY GROUP, LLC2+ years Service code 27 1920 MAIN STREET · IRVINE, CA 92614 | Advisory (Plan) | $111,804 |
MAYER HOFFMAN MCCANN P.C.2+ years Filed as: MAYER HOFFMAN MCCANN PC Service code 10 · EIN 43-1947695 | Accounting | $20,250 |
FROST, PLLC1 year Filed as: FROST PLLC Service code 10 425 WEST CAPITOL AVENUE · LITTLE ROCK, AK 72201 | Accounting | $15,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $79,187 | $92,153-14.1% | $76,817+3.1% | $82,204-3.7% |
| Participation rate | 56.9% | 79.4%-22.6pp | 72.1%-15.2pp | 73.4%-16.5pp |
| Annual return | 27.51% | 21.12%+6.4pp | 1166.11%-1138.6pp | 26.31%+1.2pp |
| Employer contribution / active EE | $836 | $3,043-72.5% | $2,302-63.7% | $2,707-69.1% |
| Participant deferral / active EE | $2,339 | $4,304-45.7% | $3,336-29.9% | $4,246-44.9% |
| Admin fee / account holder | $76 | $70+8.7% | $6,420-98.8% | $76+0.9% |