Filed September 27, 2016 (most recent of 3 filings on file)
Total covered: 9 employees
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 |
|---|---|---|
ASCENSUS LLC2 years Service code 15 · EIN 11-3665754 | Recordkeeping | $115,523 |
Service code 27 4703 E CAMP LOWELL DR · TUCSON, AZ 85712 | Advisory (Plan) | $49,102 |
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match 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 | $15,526 | $50,820-69.4% | $155,567-90.0% | $77,671-80.0% |
| Participation rate | 98.5% | 63.1%+35.3pp | 78.2%+20.3pp | 70.6%+27.9pp |
| Annual return | 14.88% | 34.85%-20.0pp | 64.74%-49.9pp | 31.21%-16.3pp |
| Employer contribution / active EE | $1,361 | $1,993-31.7% | $4,674-70.9% | $2,726-50.1% |
| Participant deferral / active EE | $2,914 | $2,823+3.2% | $5,628-48.2% | $4,648-37.3% |
| Admin fee / account holder | $140 | $436-67.9% | $15,916-99.1% | $430-67.5% |