Filed March 2, 2021
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $26,758 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$44,218 |
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).
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 | $88,532 | $73,404+20.6% | $87,100+1.6% | $67,579+31.0% |
| Participation rate | 58.0% | 80.9%-22.9pp | 76.9%-18.9pp | 71.3%-13.3pp |
| Annual return | 28.98% | 48.29%-19.3pp | 28.19%+0.8pp | 378.56%-349.6pp |
| Employer contribution / active EE | $2 | $2,014-99.9% | $2,521-99.9% | $2,148-99.9% |
| Participant deferral / active EE | $6,864 | $3,913+75.4% | $4,049+69.5% | $3,539+93.9% |
| Admin fee / account holder | $44 | $142-68.8% | $7,497-99.4% | $142-69.0% |