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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $8,656 |
STRATEGIC ADVISORS, INC.6 years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $8,471 |
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 | $74,294 | $53,165+39.7% | $86,188-13.8% | $74,419-0.2% |
| Participation rate | 89.0% | 64.9%+24.1pp | 69.0%+20.0pp | 70.7%+18.2pp |
| Annual return | 17.38% | 22.64%-5.3pp | 1168.45%-1151.1pp | 34.38%-17.0pp |
| Employer contribution / active EE | $1,122 | $1,210-7.3% | $2,380-52.9% | $2,637-57.5% |
| Participant deferral / active EE | $6,328 | $3,234+95.7% | $3,985+58.8% | $4,528+39.8% |
| Admin fee / account holder | $60 | $551-89.1% | $6,852-99.1% | $348-82.8% |