Filed July 8, 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 |
|---|---|---|
USI CONSULTING GROUP3+ years Service code 12 · EIN 06-1053228 | Redemption fees; Sub-transfer agency ... | $4,779 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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).
Sponsor crossed the 100-balance-holder threshold in the most recent filing - large-plan audit requirement now applies.
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 | $10,870 | $44,873-75.8% | $79,464-86.3% | $56,287-80.7% |
| Participation rate | 61.1% | 68.7%-7.7pp | 73.3%-12.3pp | 69.9%-8.8pp |
| Annual return | -3.54% | 0.81%-4.3pp | 718.14%-721.7pp | -9.96%+6.4pp |
| Employer contribution / active EE | $556 | $2,140-74.0% | $2,800-80.2% | $2,111-73.7% |
| Participant deferral / active EE | $1,135 | $2,746-58.7% | $3,704-69.3% | $3,350-66.1% |
| Admin fee / account holder | $45 | $418-89.2% | $5,113-99.1% | $521-91.3% |