Filed January 3, 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 |
|---|---|---|
INGHAM & COMPANY8+ years Service code 59 · EIN 65-0170152 9155 S. DADELAND BLVD, SUITE 1512 · MIAMI, FL 33156 | Shareholder Servicing | $11,606 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Annual investment return is in the bottom quintile of the peer cohort.
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 | $19,492 | $50,127-61.1% | $149,673-87.0% | $80,160-75.7% |
| Participation rate | 19.9% | 64.3%-44.3pp | 78.8%-58.8pp | 72.9%-53.0pp |
| Annual return | 14.66% | 29.82%-15.2pp | 134.42%-119.8pp | 40.38%-25.7pp |
| Employer contribution / active EE | $226 | $1,865-87.9% | $4,818-95.3% | $2,978-92.4% |
| Participant deferral / active EE | $375 | $3,194-88.3% | $5,680-93.4% | $5,017-92.5% |
| Admin fee / account holder | $49 | $153-67.7% | $13,210-99.6% | $145-66.0% |