Filed April 18, 2024 (most recent of 3 filings on file)
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 | $206,368 |
Service code 27 · EIN 59-2937883 | Advisory (Plan) | $36,000 |
STRATEGIC ADVISORS, INC.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $18,364 |
CROWE LLP4 years Service code 10 · EIN 35-0921680 | Accounting | $17,700 |
Annual investment return is in the bottom quintile of the peer cohort.
Form 5500 reported that benefits due were not provided when due.
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 | $41,183 | $42,504-3.1% | $159,960-74.3% | $77,904-47.1% |
| Participation rate | 94.6% | 66.9%+27.7pp | 78.0%+16.6pp | 73.7%+20.9pp |
| Annual return | -18.08% | -12.43%-5.7pp | 408.60%-426.7pp | 12.21%-30.3pp |
| Employer contribution / active EE | $1,834 | $1,684+9.0% | $4,226-56.6% | $2,848-35.6% |
| Participant deferral / active EE | $4,886 | $3,919+24.7% | $6,182-21.0% | $4,806+1.7% |
| Admin fee / account holder | $118 | $98+20.5% | $8,698-98.6% | $133-11.3% |