Filed May 29, 2024
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 |
|---|---|---|
TIAA5 years Service code 64 · EIN 13-1624203 730 THIRD AVENUE · NEW YORK, NY 100173206 | Recordkeeping Fees | $11,308 |
Filed as: GLOBAL RETIREMENT PARTNERS, LLC Service code 27 · EIN 47-1411118 11312 DEAD RIVER ROAD · TAVARES, FL 32778 | Advisory (Plan) | $10,280 |
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $6,955 | $55,125-87.4% | $109,895-93.7% | $86,799-92.0% |
| Participation rate | 96.1% | 70.1%+26.0pp | 74.2%+21.9pp | 72.3%+23.8pp |
| Annual return | 23.57% | 26.20%-2.6pp | 29.45%-5.9pp | 97.91%-74.3pp |
| Employer contribution / active EE | $0 | $1,558-100.0% | $2,842-100.0% | $2,405-100.0% |
| Participant deferral / active EE | $938 | $3,337-71.9% | $4,048-76.8% | $4,131-77.3% |
| Admin fee / account holder | $65 | $141-54.0% | $6,066-98.9% | $170-61.8% |