Filed April 5, 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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $1,006,865 |
STRATEGIC ADVISORS, INC.10+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $863,036 |
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).
Form 5500 reported that benefits due were not provided when due.
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 | $71,933 | $63,356+13.5% | $103,333-30.4% | $106,382-32.4% |
| Participation rate | 48.8% | 84.3%-35.5pp | 74.5%-25.7pp | 69.9%-21.1pp |
| Annual return | 22.80% | 14.77%+8.0pp | 24.88%-2.1pp | 17.37%+5.4pp |
| Employer contribution / active EE | $2,103 | $4,310-51.2% | $3,868-45.6% | $3,364-37.5% |
| Participant deferral / active EE | $4,049 | $3,479+16.4% | $5,057-19.9% | $5,569-27.3% |
| Admin fee / account holder | $61 | $110-44.5% | $8,355-99.3% | $79-22.9% |