Filed June 7, 2019
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 6-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 12 · EIN 13-3689044 | Sales loads (front end and deferred);... | $3,893 |
NATIONAL FINANCIAL SERVICES2 years Service code 33 · EIN 04-3523567 | Securities brokerage; Securities brok... | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $156,112 | $61,156+155.3% | $185,823-16.0% | $79,386+96.6% |
| Participation rate | 31.4% | 66.6%-35.3pp | 81.7%-50.3pp | 70.7%-39.4pp |
| Annual return | 10.97% | 19.45%-8.5pp | 122.05%-111.1pp | 116.85%-105.9pp |
| Employer contribution / active EE | $1,759 | $2,321-24.2% | $5,167-66.0% | $2,427-27.5% |
| Participant deferral / active EE | $3,480 | $2,789+24.8% | $5,568-37.5% | $4,046-14.0% |
| Admin fee / account holder | $44 | $710-93.8% | $16,237-99.7% | $626-92.9% |