Filed April 29, 2021 (most recent of 2 filings on file)
Total covered: 11 employees
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 47-1411118 | Advisory (Plan) | $6,069 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$8,659 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Form 5500 reported that benefits due were not provided when due.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $50,248 | $46,292+8.5% | $143,757-65.0% | $64,808-22.5% |
| Participation rate | 50.2% | 64.2%-14.0pp | 80.3%-30.1pp | 71.5%-21.3pp |
| Annual return | -17.13% | -10.05%-7.1pp | -0.04%-17.1pp | 32.82%-49.9pp |
| Employer contribution / active EE | $1,322 | $1,910-30.8% | $4,951-73.3% | $2,506-47.2% |
| Participant deferral / active EE | $2,718 | $2,646+2.7% | $5,637-51.8% | $4,310-36.9% |
| Admin fee / account holder | -$9 | $154-106.0% | $14,673-100.1% | $188-104.9% |