Filed July 6, 2017 (most recent of 2 filings on file)
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 |
|---|---|---|
ASCENSUS LLC1+ years Filed as: ASCENSUS Service code 15 · EIN 11-3665754 | Recordkeeping | $41,190 |
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 | $34,981 | $54,890-36.3% | $63,517-44.9% | $59,188-40.9% |
| Participation rate | 66.9% | 75.6%-8.7pp | 71.0%-4.2pp | 69.4%-2.6pp |
| Annual return | 2.22% | 4.56%-2.3pp | -70.30%+72.5pp | 5.51%-3.3pp |
| Employer contribution / active EE | $307 | $1,831-83.3% | $2,322-86.8% | $2,098-85.4% |
| Participant deferral / active EE | $1,630 | $2,803-41.8% | $2,953-44.8% | $3,265-50.1% |
| Admin fee / account holder | $35 | $66-46.7% | $5,892-99.4% | $92-61.8% |