Filed December 1, 2022 (most recent of 5 filings on file)
Total covered: 36 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 |
|---|---|---|
Service code 37 · EIN 04-2647786 | Loan Processing | $95,879 |
STRATEGIC ADVISORS, INC.5+ years Service code 27 · EIN 04-2654524 | Advisory (Plan) | $39,942 |
SOLTIS INVESTMENT ADVISORS2 years Filed as: SOLTIS INVESTMENT ADVISORS INC Service code 27 · EIN 27-3188744 | Advisory (Plan) | $34,929 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Employer contribution per participant is in the bottom quintile of the peer cohort.
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).
Form 5500 reported that benefits due were not provided when due.
Plan reported corrective distributions (failed ADP/ACP testing).
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $18,772 | $71,757-73.8% | $75,886-75.3% | $82,204-77.2% |
| Participation rate | 32.7% | 69.0%-36.2pp | 69.3%-36.6pp | 73.4%-40.7pp |
| Annual return | 25.59% | 22.77%+2.8pp | 30.76%-5.2pp | 26.31%-0.7pp |
| Employer contribution / active EE | $171 | $2,325-92.6% | $2,500-93.1% | $2,707-93.7% |
| Participant deferral / active EE | $1,378 | $3,327-58.6% | $3,603-61.8% | $4,246-67.5% |
| Admin fee / account holder | $46 | $87-47.2% | $5,418-99.2% | $76-39.3% |