Filed June 10, 2022 (most recent of 3 filings on file)
Total covered: 205 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 29 · EIN 92-2729620 | Legal | $99,840 |
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $30,745 |
FORVIS MAZARS, LLP2 years Filed as: FORVIS, LLP Service code 10 · EIN 44-0160260 | Accounting | $19,410 |
Service code 37 · EIN 04-2647786 | Loan Processing | -$85,353 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
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 | $53,800 | $67,679-20.5% | $155,509-65.4% | $99,062-45.7% |
| Participation rate | 60.2% | 67.2%-7.0pp | 78.2%-18.0pp | 71.6%-11.4pp |
| Annual return | 16.94% | 16.16%+0.8pp | 64.67%-47.7pp | 17.66%-0.7pp |
| Employer contribution / active EE | $2,557 | $2,268+12.7% | $4,672-45.3% | $3,262-21.6% |
| Participant deferral / active EE | $0 | $3,828-100.0% | $5,626-100.0% | $5,331-100.0% |
| Admin fee / account holder | $13 | $94-85.9% | $15,912-99.9% | $109-87.9% |