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.4 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $30,642 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$27,442 |
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).
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $105,795 | $176,491-40.1% | $95,952+10.3% | $90,288+17.2% |
| Participation rate | 53.2% | 86.6%-33.4pp | 77.1%-23.9pp | 73.4%-20.2pp |
| Annual return | 25.29% | 20.14%+5.1pp | 91.61%-66.3pp | 53.97%-28.7pp |
| Employer contribution / active EE | $0 | $2,789-100.0% | $2,541-100.0% | $2,524-100.0% |
| Participant deferral / active EE | $6,812 | $5,340+27.6% | $4,167+63.5% | $4,232+61.0% |
| Admin fee / account holder | $50 | $154-67.6% | $6,795-99.3% | $114-56.3% |