Filed October 26, 2022
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 |
|---|---|---|
ESOP LAW GROUP1 year Service code 29 · EIN 45-5385152 | Legal | $24,713 |
GREATBANC TRUST COMPANY1 year Filed as: GREATBANC Service code 21 · EIN 75-6769709 | Bank Trustee | $12,500 |
Filed as: PRINCIPAL Service code 14 · EIN 42-1520346 | Plan Administrator | $10,019 |
FOSTER GARVEY1 year Service code 29 · EIN 91-0876461 | Legal | $2,088 |
Annual investment return is in the bottom quintile of the peer cohort.
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
Retirees and beneficiaries make up 25% or more of total participants - indicates an ageing workforce or a frozen plan.
Plan appears closed to new enrollment or frozen - balance-holders far exceed active participants, or the plan reports active distributions with no inflows. Exclude from peer benchmarks.
The auditor signed off without reservation. This is the cleanest opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $5,474 | $179,726-97.0% | $156,263-96.5% | $142,382-96.2% |
| Participation rate | 0.0% | 82.1%-82.1pp | 78.9%-78.9pp | 80.1%-80.1pp |
| Annual return | -55.34% | 77.86%-133.2pp | 59.47%-114.8pp | 217.08%-272.4pp |
| Employer contribution / active EE | $0 | $5,069-100.0% | $4,333-100.0% | $4,299-100.0% |
| Participant deferral / active EE | $0 | $6,956-100.0% | $6,158-100.0% | $6,507-100.0% |
| Admin fee / account holder | $194 | $17,272-98.9% | $14,255-98.6% | $12,624-98.5% |