Filed October 27, 2022 (most recent of 3 filings on file)
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 12 · EIN 13-3689044 | Finders' fees / placement fees; Recor... | $63,983 |
HAYNIE & COMPANY3 years Service code 10 · EIN 87-0325228 | Accounting | $8,800 |
INGHAM & COMPANY5 years Filed as: INGHAM RETIREMENT GROUP Service code 27 · EIN 65-0170152 | Advisory (Plan) | $7,668 |
CHARLES SCHWAB & CO., INC.3 years Filed as: CHARLES SCHWAB & CO, INC. Service code 33 · EIN 94-1737782 | Securities brokerage; Securities brok... | $0 |
NATIONAL FINANCIAL SERVICES8+ years Service code 33 · EIN 04-3523567 | Securities brokerage commissions and ... | $0 |
Employer contribution per participant is in the bottom quintile of the peer cohort.
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 | $38,297 | $86,897-55.9% | $151,611-74.7% | $64,808-40.9% |
| Participation rate | 85.8% | 87.3%-1.5pp | 87.5%-1.7pp | 71.5%+14.3pp |
| Annual return | -16.19% | -3.57%-12.6pp | 3.33%-19.5pp | 32.82%-49.0pp |
| Employer contribution / active EE | $1,201 | $4,010-70.0% | $6,166-80.5% | $2,506-52.1% |
| Participant deferral / active EE | $4,063 | $6,690-39.3% | $8,363-51.4% | $4,310-5.7% |
| Admin fee / account holder | $178 | $153+16.6% | $11,616-98.5% | $188-5.0% |