Filed March 11, 2020
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 |
|---|---|---|
STRATEGIC ADVISORS, INC.7 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $9,096 |
FIDELITY INVESTMENTS INSTITUTIONAL10+ years Service code 37 · EIN 04-2647786 | Loan Processing | $7,400 |
More than 10% of assets are held in cash - possible menu-design or default-fund problem.
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 | $80,139 | $54,193+47.9% | $93,606-14.4% | $77,643+3.2% |
| Participation rate | 71.3% | 63.9%+7.3pp | 68.7%+2.5pp | 70.6%+0.7pp |
| Annual return | 14.38% | 30.54%-16.2pp | 133.20%-118.8pp | 31.24%-16.9pp |
| Employer contribution / active EE | $918 | $1,168-21.4% | $2,420-62.1% | $2,726-66.3% |
| Participant deferral / active EE | $5,492 | $3,144+74.7% | $4,411+24.5% | $4,647+18.2% |
| Admin fee / account holder | $70 | $576-87.8% | $8,285-99.1% | $430-83.6% |