Filed March 23, 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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $78,002 |
KREISCHER MILLER1 year Service code 10 · EIN 23-1980475 | Accounting | $20,196 |
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $12,240 |
Form 5500 reported a failure to timely transmit participant contributions (Schedule H line 4a).
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 | $200,822 | $92,055+118.2% | $106,213+89.1% | $77,643+158.6% |
| Participation rate | 97.2% | 81.0%+16.2pp | 75.3%+21.9pp | 70.6%+26.6pp |
| Annual return | 17.01% | 17.91%-0.9pp | 116.14%-99.1pp | 31.24%-14.2pp |
| Employer contribution / active EE | $9,403 | $3,367+179.3% | $3,171+196.5% | $2,726+245.0% |
| Participant deferral / active EE | $10,851 | $5,386+101.5% | $5,016+116.3% | $4,647+133.5% |
| Admin fee / account holder | $171 | $219-22.0% | $11,033-98.5% | $430-60.3% |