Filed January 28, 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 4-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 |
|---|---|---|
STRATEGIC ADVISORS, INC.4+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $134,670 |
FID INV INST OPS CO4+ years Filed as: FID INV INSTL OPS Service code 37 · EIN 04-2647786 | Loan Processing | $78,868 |
GYL FINANCIAL SYNERGIES2 years Service code 16 · EIN 81-3263476 | Consulting | $55,790 |
Service code 12 · EIN 13-3689044 | Claims processing; Recordkeeping fees... | $22,000 |
FID INV INST OPS CO4+ years Filed as: FID INV INSTL OPS CO Service code 60 | Sub-TA Fees | $0 |
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 | $200,721 | $53,136+277.7% | $155,509+29.1% | $199,593+0.6% |
| Participation rate | 63.1% | 64.1%-1.0pp | 78.2%-15.1pp | 72.0%-8.9pp |
| Annual return | 13.82% | 41.15%-27.3pp | 64.67%-50.8pp | 34.25%-20.4pp |
| Employer contribution / active EE | $0 | $1,851-100.0% | $4,672-100.0% | $3,034-100.0% |
| Participant deferral / active EE | $5,073 | $3,161+60.5% | $5,626-9.8% | $5,087-0.3% |
| Admin fee / account holder | $79 | $185-57.3% | $15,912-99.5% | $269-70.5% |