Filed June 23, 2021
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 |
|---|---|---|
AEGIS WEALTH MANAGEMENT1 year Service code 27 | Advisory (Plan) | $23,383 |
BLADE BENEFIT CONSULTING1 year Service code 15 | Recordkeeping | $3,459 |
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).
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 | $30,666 | $58,726-47.8% | $92,233-66.8% | $62,292-50.8% |
| Participation rate | 65.4% | 68.3%-2.9pp | 76.5%-11.0pp | 69.5%-4.1pp |
| Annual return | 22.04% | 43.62%-21.6pp | 176.28%-154.2pp | 28.90%-6.9pp |
| Employer contribution / active EE | $1,103 | $2,392-53.9% | $3,679-70.0% | $2,042-46.0% |
| Participant deferral / active EE | $2,508 | $2,766-9.3% | $3,897-35.6% | $3,169-20.9% |
| Admin fee / account holder | $141 | $556-74.7% | $5,194-97.3% | $479-70.7% |