Filed October 8, 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 3-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 13 · EIN 42-0127290 | Contract Administrator | $143,306 |
ACTUARIAL BENEFITS CORP1 year Filed as: ACTUARIAL BENEFITS CORPORATION Service code 13 · EIN 20-1054428 | Contract Administrator | $80,446 |
Filed as: RAYMOND JAMES & ASSOCIATES, INC. Service code 27 · EIN 59-1237041 | Advisory (Plan) | $39,823 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Employer contribution per participant is in the bottom quintile of the peer cohort.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $26,255 | $67,672-61.2% | $155,567-83.1% | $99,061-73.5% |
| Participation rate | 8.9% | 67.2%-58.3pp | 78.2%-69.3pp | 71.6%-62.7pp |
| Annual return | 17.15% | 16.16%+1.0pp | 64.74%-47.6pp | 17.66%-0.5pp |
| Employer contribution / active EE | $8 | $2,262-99.6% | $4,674-99.8% | $3,261-99.8% |
| Participant deferral / active EE | $440 | $3,827-88.5% | $5,628-92.2% | $5,331-91.8% |
| Admin fee / account holder | $197 | $94+109.8% | $15,916-98.8% | $109+80.4% |