Filed March 10, 2021
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 5-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 | $337,547 |
Filed as: INSTITUTIONAL INVESTMENT CONSULTIN Service code 16 · EIN 81-0635433 | Consulting | $71,000 |
MOSS ADAMS LLP1 year Service code 10 · EIN 91-0189318 | Accounting | $22,575 |
STRATEGIC ADVISORS, INC.3 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $17,276 |
GROOM LAW GROUP2 years Filed as: GROOM LAW GROUP CHARTERED Service code 29 · EIN 52-1219029 | Legal | $7,644 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
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 | $15,365 | $67,672-77.3% | $155,567-90.1% | $99,061-84.5% |
| Participation rate | 64.1% | 67.2%-3.1pp | 78.2%-14.1pp | 71.6%-7.5pp |
| Annual return | 26.78% | 16.16%+10.6pp | 64.74%-38.0pp | 17.66%+9.1pp |
| Employer contribution / active EE | $185 | $2,262-91.8% | $4,674-96.0% | $3,261-94.3% |
| Participant deferral / active EE | $2,264 | $3,827-40.8% | $5,628-59.8% | $5,331-57.5% |
| Admin fee / account holder | $93 | $94-0.5% | $15,916-99.4% | $109-14.5% |