Filed May 2, 2017
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 9-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 | $14,869 |
Service code 12 · EIN 13-3689044 | Distribution (12b-1) fees; Participan... | $5,052 |
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 | $47,040 | $47,126-0.2% | $149,673-68.6% | $74,419-36.8% |
| Participation rate | 46.6% | 63.4%-16.8pp | 78.8%-32.1pp | 70.7%-24.1pp |
| Annual return | 14.35% | 22.75%-8.4pp | 134.42%-120.1pp | 34.38%-20.0pp |
| Employer contribution / active EE | $0 | $1,905-100.0% | $4,818-100.0% | $2,637-100.0% |
| Participant deferral / active EE | $4,433 | $2,728+62.5% | $5,680-22.0% | $4,528-2.1% |
| Admin fee / account holder | $74 | $343-78.3% | $13,210-99.4% | $348-78.6% |