Filed August 2, 2021
This is a legacy paper filing. Plan administrator and contact details are recorded in the original filing, which has not been digitised into structured fields.
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 |
|---|---|---|
PNC BANK, N.A.2 years Service code 25 · EIN 22-1146430 | Directed Trustee | $55,471 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
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 | $24,273 | $60,396-59.8% | $83,848-71.1% | $75,289-67.8% |
| Participation rate | 33.4% | 80.7%-47.3pp | 76.1%-42.7pp | 72.4%-39.0pp |
| Annual return | -2.69% | 3.84%-6.5pp | 850.88%-853.6pp | -0.04%-2.7pp |
| Employer contribution / active EE | $437 | $3,343-86.9% | $3,631-88.0% | $2,405-81.8% |
| Participant deferral / active EE | $1,645 | $2,922-43.7% | $4,082-59.7% | $3,739-56.0% |
| Admin fee / account holder | $97 | $141-31.6% | $5,478-98.2% | $102-5.6% |