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 7-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 |
|---|---|---|
Filed as: SUMMIT FINANCIAL, LLC Service code 26 · EIN 37-1895248 | Advisory (Participants) | $47,485 |
Service code 15 · EIN 01-0233346 | Recordkeeping | $2,694 |
Administrative expenses exceed $300 per participant per year - possible fee-review opportunity. (Recordkeeping / audit / legal; excludes investment management.)
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 | $97,768 | $100,923-3.1% | $150,045-34.8% | $74,304+31.6% |
| Participation rate | 92.0% | 70.1%+21.9pp | 82.3%+9.7pp | 60.3%+31.7pp |
| Annual return | 21.68% | 51.77%-30.1pp | 62.55%-40.9pp | 29.43%-7.8pp |
| Employer contribution / active EE | $6,109 | $3,463+76.4% | $4,693+30.2% | $2,241+172.6% |
| Participant deferral / active EE | $13,473 | $6,709+100.8% | $7,997+68.5% | $3,767+257.6% |
| Admin fee / account holder | $453 | $2,767-83.6% | $13,435-96.6% | $2,969-84.7% |