Filed December 18, 2018
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.5 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $18,154 |
Service code 37 · EIN 04-2647786 | Loan Processing | $14,411 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
Form 5500 reported that benefits due were not provided when due.
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 | $58,557 | $53,932+8.6% | $134,143-56.3% | $90,288-35.1% |
| Participation rate | 89.7% | 60.4%+29.3pp | 72.2%+17.5pp | 73.4%+16.3pp |
| Annual return | 23.77% | 23.16%+0.6pp | 36.33%-12.6pp | 53.97%-30.2pp |
| Employer contribution / active EE | $1,102 | $1,611-31.6% | $3,704-70.2% | $2,524-56.3% |
| Participant deferral / active EE | $3,250 | $2,432+33.6% | $3,499-7.1% | $4,232-23.2% |
| Admin fee / account holder | $17 | $104-83.1% | $6,684-99.7% | $114-84.7% |