Filed March 4, 2020 (most recent of 2 filings on file)
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 13 · EIN 42-0127290 | Contract Administrator | $285,374 |
Service code 27 · EIN 47-1411118 | Advisory (Plan) | $50,000 |
KPMG LLP11+ years Service code 10 · EIN 13-5565207 | Accounting | $0 |
Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll 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 | $57,648 | $56,102+2.8% | $101,794-43.4% | $102,872-44.0% |
| Participation rate | 44.9% | 70.4%-25.4pp | 69.2%-24.3pp | 73.0%-28.1pp |
| Annual return | 19.57% | 14.06%+5.5pp | 30.53%-11.0pp | 19.06%+0.5pp |
| Employer contribution / active EE | $686 | $1,380-50.3% | $2,289-70.0% | $3,526-80.5% |
| Participant deferral / active EE | $2,773 | $2,801-1.0% | $4,084-32.1% | $5,535-49.9% |
| Admin fee / account holder | $112 | $262-57.3% | $8,777-98.7% | $292-61.7% |