Filed January 14, 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 |
|---|---|---|
Service code 13 · EIN 42-0127290 | Contract Administrator | $27,166 |
Service code 27 · EIN 82-0759826 | Advisory (Plan) | $10,247 |
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).
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $27,067 | $65,061-58.4% | $143,757-81.2% | $66,914-59.6% |
| Participation rate | 42.8% | 65.2%-22.4pp | 80.3%-37.5pp | 69.8%-27.0pp |
| Annual return | -15.18% | -11.14%-4.0pp | -0.04%-15.1pp | 1.58%-16.8pp |
| Employer contribution / active EE | $651 | $2,361-72.4% | $4,951-86.8% | $2,544-74.4% |
| Participant deferral / active EE | $1,271 | $2,919-56.4% | $5,637-77.4% | $4,237-70.0% |
| Admin fee / account holder | $280 | $502-44.2% | $14,673-98.1% | $593-52.8% |