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 | $91,354 |
WOODBURY FINANCIAL SERVICES5+ years Filed as: WOODBURY FINANCIAL SERVICES INC Service code 27 · EIN 41-0944586 | Advisory (Plan) | $33,221 |
BAKER TILLY US, LLP1 year Service code 10 · EIN 39-0859910 | Accounting | $14,221 |
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.
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 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 | $31,511 | $101,523-69.0% | $141,162-77.7% | $77,787-59.5% |
| Participation rate | 27.2% | 77.4%-50.1pp | 82.5%-55.2pp | 73.2%-46.0pp |
| Annual return | 25.54% | 56.22%-30.7pp | 71.39%-45.9pp | 32.57%-7.0pp |
| Employer contribution / active EE | $151 | $3,341-95.5% | $4,735-96.8% | $2,504-94.0% |
| Participant deferral / active EE | $2,724 | $6,434-57.7% | $6,709-59.4% | $3,967-31.4% |
| Admin fee / account holder | $207 | $92+126.7% | $10,261-98.0% | $100+107.3% |