Filed May 29, 2020
Unlock peer percentile detail for $4.99 your first month
Solo adds 10-year history, peer benchmarks, provider and welfare analytics, saves, and exports. Then $34.99 a month.
Unlock 10-year trajectory for $4.99 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 |
|---|---|---|
FIDELITY INVESTMENTS INSTITUTIONAL11+ years Service code 37 · EIN 04-2647786 | Loan Processing | $249,476 |
SAGE ADVISORY SERVICES5 years Filed as: SAGE VIEW ADVISORY GROUP LLC Service code 16 · EIN 33-0818667 | Consulting | $70,000 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Plan reported corrective distributions (failed ADP/ACP testing).
Auditor signed off without reservation - the cleanest possible opinion.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $53,035 | $57,921-8.4% | $98,716-46.3% | $103,975-49.0% |
| Participation rate | 55.2% | 68.8%-13.6pp | 69.3%-14.1pp | 72.5%-17.3pp |
| Annual return | 19.84% | 13.15%+6.7pp | 31.81%-12.0pp | 19.41%+0.4pp |
| Employer contribution / active EE | $1,559 | $1,595-2.3% | $2,279-31.6% | $3,722-58.1% |
| Participant deferral / active EE | $3,573 | $2,573+38.9% | $4,048-11.7% | $5,343-33.1% |
| Admin fee / account holder | $85 | $324-73.7% | $8,703-99.0% | $332-74.4% |