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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $824,430 |
STRATEGIC ADVISORS, INC.8+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $573,049 |
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 | $60,816 | $51,785+17.4% | $112,228-45.8% | $89,394-32.0% |
| Participation rate | 52.4% | 82.2%-29.7pp | 75.1%-22.6pp | 71.3%-18.8pp |
| Annual return | -6.42% | -11.06%+4.6pp | 27.45%-33.9pp | -11.89%+5.5pp |
| Employer contribution / active EE | $2,132 | $3,782-43.6% | $3,635-41.3% | $3,022-29.4% |
| Participant deferral / active EE | $4,050 | $3,425+18.3% | $4,728-14.3% | $5,123-20.9% |
| Admin fee / account holder | $61 | $102-40.3% | $6,410-99.1% | $79-23.7% |