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 |
|---|---|---|
PRECEPT ADVISORY GROUP2 years Service code 27 · EIN 56-1623293 | Advisory (Plan) | $67,750 |
STRATEGIC ADVISORS, INC.9+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $38,548 |
LBMC, PC1 year Service code 10 · EIN 62-1199757 | Accounting | $15,000 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$77,357 |
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 | $107,065 | $99,078+8.1% | $96,544+10.9% | $74,419+43.9% |
| Participation rate | 95.0% | 80.7%+14.3pp | 76.0%+19.0pp | 70.7%+24.2pp |
| Annual return | 21.05% | 22.48%-1.4pp | 25.84%-4.8pp | 34.38%-13.3pp |
| Employer contribution / active EE | $2,300 | $2,570-10.5% | $2,965-22.4% | $2,637-12.8% |
| Participant deferral / active EE | $12,294 | $4,933+149.2% | $4,851+153.4% | $4,528+171.5% |
| Admin fee / account holder | $43 | $225-80.7% | $8,252-99.5% | $348-87.5% |