Filed July 16, 2020
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 27 · EIN 56-1623293 | Advisory (Plan) | $33,750 |
STRATEGIC ADVISORS, INC.6+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $33,649 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$21,391 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $87,728 | $79,519+10.3% | $95,952-8.6% | $73,409+19.5% |
| Participation rate | 91.2% | 81.2%+10.0pp | 77.1%+14.1pp | 72.2%+19.0pp |
| Annual return | 18.03% | 19.20%-1.2pp | 91.61%-73.6pp | 59.29%-41.3pp |
| Employer contribution / active EE | $2,006 | $2,048-2.1% | $2,541-21.1% | $2,234-10.2% |
| Participant deferral / active EE | $10,090 | $4,138+143.8% | $4,167+142.2% | $3,805+165.2% |
| Admin fee / account holder | $42 | $184-77.1% | $6,795-99.4% | $158-73.3% |