Filed April 7, 2017
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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $288,964 |
EIDE BAILLY LLP1 year Service code 10 · EIN 45-0250958 | Accounting | $29,400 |
STRATEGIC ADVISORS, INC.2 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $20,895 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
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 | $27,124 | $41,510-34.7% | $85,009-68.1% | $99,061-72.6% |
| Participation rate | 23.7% | 35.3%-11.6pp | 67.5%-43.8pp | 71.6%-47.9pp |
| Annual return | 18.49% | 17.38%+1.1pp | 66.47%-48.0pp | 17.66%+0.8pp |
| Employer contribution / active EE | $448 | $1,137-60.6% | $2,728-83.6% | $3,261-86.3% |
| Participant deferral / active EE | $1,575 | $2,246-29.9% | $4,522-65.2% | $5,331-70.5% |
| Admin fee / account holder | $125 | $175-28.7% | $6,153-98.0% | $109+14.6% |